Argus Certification Exam Questions and Answers 2023
10 views 0 purchase
Course
ARGUS
Institution
ARGUS
Argus Certification Exam Questions and Answers 2023
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. ...
Argus Certification Exam Questions and Answers 2023
Once a Property Asset Type is selected it cannot be changed (T/F) - answer False
The Analysis Begin date defaults to the current Month and Year (T/F) - answer True
Which of the following is a classification type in AE? Select all that apply.
a. Property
b. Tenant
c. Region
d. Lease - answer a. Property
b. Tenant
Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F) - answer True
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex
d. .aeix - answer 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 - answer 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 - answer 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 - answer 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 - answer 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) - answer 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). - answer Cap Rate
Tenant Improvements/Leasing Commissions can be subtracted out of the Resale calculation (T/F) - answer True
Parameters for the Discount Rate Change Interval on the IRR Matrix report can be changed in the _________________ tab? - answer Assumptions
Within the Investments tab, the _______________________ tab is used to calculate notes outside of the AE system. - answer Other Debt
By default, ARGUS Enterprise calculates loans on a 12 month basis (T/F) - answer True
Enter Other Debt information into the Valuation tab (T/F) - answer 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) - answer When entering an Available Date prior to the Start Date within the Rent Roll - answer Net - answer All recoverable expenses are paid by the tenant based on their proportionate share of the building area.
Base Year Stop - answer 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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller julianah420. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
