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Argus Certification Practice Test / 189 Questions and Answer/ Verified.
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Argus Certification Practice Test 2023-2024/ 189 Questions and Answer/ Verified.
Once a Property Asset Type is selected it cannot be changed (T/F) - -False
-The Analysis Begin date defaults to the current Month and Year (T/F) - -True
-Which of the following is a classification type in AE? Select all that apply.
a. Property
b. Tenant
c. Region
d. Lease - -a. Property
b. Tenant
-Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F) - -True
-What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex
d. .aeix - -b. avux
-To take a property out of read-only mode, the ______________ button must be
selected from the Ribbon.
a. Refresh
b. Ellipses
c. Check In/Out Property
d. Edit Property - -d. Edit Property
,-What should be selected as the 'How Input' method in order for the revenue or expense
to be based on a percentage of other cash flow items in the property?
a. Amount 1
b. Sub-lines
c. % of Other
d. Currency Amount / Vacant Area - -c. % of Other
-To replicate a value in a specific month of each year during the project for a specific
expense, you must click which button in the amount 1 Varies window?
a. Copy Across & Down
b. Copy to End
c. Copy Column to End
d. Column - -c. Copy Column to End
-When calculating a Market Leasing profile with the Upon Expiration set to Renewal,
Enterprise ________________________________________.
a. Assumes a 0% renewal
b. Takes a weighted average
c. Assumes the space goes dark
d. Assumes a 100% renewal - -d. Assumes a 100% renewal
-The Upon Expiration field within the Market Leasing profile allows us to select any
overrides for past terms (T/F) - -False
-The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the
______________________, when using CAP NOI (12 Months After Sale). - -Cap
Rate
, -Tenant Improvements/Leasing Commissions can be subtracted out of the Resale
calculation (T/F) - -True
-Parameters for the Discount Rate Change Interval on the IRR Matrix report can be
changed in the _________________ tab? - -Assumptions
-Within the Investments tab, the _______________________ tab is used to
calculate notes outside of the AE system. - -Other Debt
-By default, ARGUS Enterprise calculates loans on a 12 month basis (T/F) - -True
-Enter Other Debt information into the Valuation tab (T/F) - -False
-When you have a one-time increase, or an increase that happens at different
increments or times utilize the Fixed Steps Unit column (T/F) - -
-When entering an Available Date prior to the Start Date within the Rent Roll - -
-Net - -All recoverable expenses are paid by the tenant based on their proportionate
share of the building area.
-Base Year Stop - -All recoverable expenses are paid by the tenant based on their
proportionate share of the building area over a stop amount, which is the amount of
annual recoverable expenses in the base year, or first year, of the lease calculated by the
system. If the tenant's lease begins prior to the analysis start date and you select Base
Year Stop, the calculated stop will use all reimbursable expenses in the first year of the
analysis.
-Stop Amount - -Enter the building stop amount. Tenants for whom you select this
method will reimburse all recoverable expenses over the building stop amount entered
based on their proportionate share of the building area.
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