Argus Certification Questions and Correct Answers Latest Update, Graded A+
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Course
Argus Certification
Institution
Argus Certification
Once a property asset type is selected it cannot be changed. (T/F)
o :## False
The analysis begin date defaults to the current month and year. (T/F)
o :## True
Which section in the Navigation Pane allows users to update a variety of different
settings ranging from Managing Users to Data Impor...
Argus Certification Questions and
Correct Answers Latest Update,
Graded A+
Once a property asset type is selected it cannot be changed. (T/F)
o :## False
The analysis begin date defaults to the current month and year. (T/F)
o :## True
Which section in the Navigation Pane allows users to update a variety of different
settings ranging from Managing Users to Data Import Validation Rules to Report
Settings?
a. Portfolio Details
b. Scenerios
c. Reports.
d. Analysis
o :## d. Analysis
What should b selected as the 'How Input' method for the revenue or expense to be
based on a percentage of other cash flow items in the property?
a. Amount 1
Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update
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b. Sub-lines
c. % of other
d. Currency Amount/Vacant Area
o :## c. % of other
CAM is $100,000 and is 50% fixed. Occupancy is 75%. What will be the actual
expense on the Cash Flow for CAM?
o :## {(100,000 x 50% fixed) + ($100,000 x 50% variable x 75% occupied)}
= 87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85%. What will be the actual
expense on the Cash Flow for Insurance?
o :## {(80,000 x 100% fixed) + (80,000 x 0% variable x 85% occupied)}
= 80,000
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 Amount1 Varies window?
a,. Copy Across & Down
b. Copy to End
c. Copy to Column to End
d. Column
o :## c. Copy Column to End
Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update
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The Active field allows a user to enable or disable a tenant as a reference record.
Yes is included in the calculation, no is excluded
o :## Key Concept
Leasing Commission Calculation
o :## LC = [((Base Rent + Step Rent - Free Rent) x YR1 LC%) +(Base Rent +
Step Rent - Free Rent) x YR2 LC%) +...
The default entry of 100% in the improvements/commissions timing field indicates
that the entire improvements/commissions payment should occur in month one of
the lease. However, the amount can be distributed across the lease term by
entering the percentage to be paid each month.
o :## Key Concept
To access the Rent Roll screen when the Input window is activated, use the
shortcut key Ctrl + R
o :## Key Concept
Blended Market Calculation
o :## New x (%) + Renew x (%) = Blended Market
Months vacant will display as 1.5 months in the Assumptions Report, but AE will
round up/down to the nearest whole month for actual downtime.
o :## Key Concept
Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update
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When calculating a Market Leasing profile with the Upon Expiration set to Renew,
Enterprise _____________.
a. Assumes a 0% renewal
b. Takes a weighted average
c. Assumes the space goes dark
d. Assumes a 100% renewal
o :## Assumes a 100% renewal
The upon expiration field within the Market Leasing profile allows us to select any
overides for the past terms. (T/F)
o :## False
Tenants can have Base, Step, Rent Review and or Outstanding Review increases
applied in the Rental Income tab.
o :## Key Concept
Fixed steps should only be entered in this field if the steps is to occur every lease
anniversary at the same step amount. Any variation from that needs to be entered
in the Rent Schedule by clicking Base Rent ellipsis.
o :## Key Concept
When entering an amount n the Months Vacant Overide field, there will be no
blending based upon renewal probability. Argus Enterprise will return to using the
Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update
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