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ARGUS Enterprise Certification Exam Review Actual Questions and CORRECT Answers
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ARGUS Enterprise Certification Exam Review Actual Questions and CORRECT Answers 1- (T/F) Once a property asset type is selected it cannot be changed - CORRECT ANSWER- False. In the DCF version you cant but in enterprise the asset type CAN be changed after its created 1- (T/F) The analysis...

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  • October 4, 2024
  • 30
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • argus enterprise
  • argus
  • argus enterprise certification exam review
  • argus enterprise certification exam
  • argus enterprise certification

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  • ARGUS Enterprise
  • ARGUS Enterprise

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ARGUS Enterprise Certification Exam
Review Actual Questions and CORRECT
Answers
1- (T/F) Once a property asset type is selected it cannot be changed - CORRECT
ANSWER✔✔- False. In the DCF version you cant but in enterprise the asset type CAN be
changed after its created


1- (T/F) The analysis begin date defaults to the current month and year - CORRECT
ANSWER✔✔- True. and 100 years is the longest analysis period


1- 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? - CORRECT
ANSWER✔✔- control panel


1- Which of the portfolio application tabs is best described by the following statement? This
application allows users to create and view analytical charts and graphs based on a
combination of properties from the portfolio - CORRECT ANSWER✔✔- analysis


2- What is the extension of a property asset file in argus enterprise? - CORRECT
ANSWER✔✔- .avux


2- ________ saves the updates to the property asset model to the database. If a calculation
has been performed, it also saves the latest calculation results - CORRECT ANSWER✔✔-
save property (you do this under property view)


2- what should be selected as the 'how input' method for the revenue or expense to be based
on a percentage of other cash flow line items in the property? - CORRECT ANSWER✔✔-
% of other. example- management fee as % of effective gross revenue


2- Common area maintenance is $100,000 and is 50% fixed. Occupany is 75%.
A. What dollar amount should be entered in the amount 1 field?

B. What will be the actual expense on the cash flow for CAM? - CORRECT ANSWER✔✔-
A. 100,000

,B. 87,500
work for B: (expense amount* % fixed) + (expense amount * % variable * % occupied)
(100,000 * .5) + (100,000 * .5 * .75) = 87,500


2- Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
A. What dollar amount should be entered in the amount1 field?
B. What will be the actual expense on the cash flow for insurance? - CORRECT
ANSWER✔✔- A. 80,000
B. 80,000


2- 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? - CORRECT
ANSWER✔✔- copy column to end


3- What is the Market rent in 2025?
relevant info from book (pg 47):
market rent in 2022 is 15
market inflation rate is 5% in 2023 and 2024, then it is 3% in 2025, 2026 and 2027 -
CORRECT ANSWER✔✔- 17.03


3- What is the cpi inflation rate in 2024
relevant info from book (pg 47):
market rent in 2022 is 15

cpi inflation rate is shown across the board as 0% - CORRECT ANSWER✔✔- 0.00%


3- When calculating a market leasing profile with the upon expiration set to renew, enterprise
________ - CORRECT ANSWER✔✔- assumes a 100% renewal


3- (T/F) The upon expiration field within the market leasing profile allows us to select any
overrides for past terms - CORRECT ANSWER✔✔- False

, 4- (T/F) When you have a one time increase, or an increase that happens at different
increments or times, utilize the fixed steps unit column - CORRECT ANSWER✔✔- False


4- When entering an available date prior to the start date within the rent roll, argus enterprise
will assume: - CORRECT ANSWER✔✔- the space is available, but vacant until the start
date


4- The analysis start date is january 2022. A tenants lease start date is March 2022. If we want
to show the lost absorption/ turnover rent for this tenant, what would be entered in the
following fields?
A. Available date field:

B. Start date field: - CORRECT ANSWER✔✔- A. Jan 2022
B. March 2022


4- (T/F) The lost absorption/ Turnover rent being reported for the months prior to a lease start
will appear on the individual tenant cash flow/ LPV report - CORRECT ANSWER✔✔-
False


4- calc percentage rent
info from txt pg 88:
tenant size: 2,450 SF
tenant rent: $13 sf/year
4% sales %

sales amount: 950,000 - CORRECT ANSWER✔✔- $6150
work:
sales volume - breakpoint * sales %
950,000- ( (2450*13)/4 )* 4%
$6150


4- The % of total rental revenue method is calculated by taking the scheduled base rent +
______ - CORRECT ANSWER✔✔- CPI Increases

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