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ARGUS Prep Exam Multiple Choice With Quality Solutions

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To indicate that an expense should not be included in the cash flow projection nor used in the calculation of the NOI select the ___________ option - Correct Answer Reference only _________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario information conta...

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  • August 2, 2024
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ARGUS Prep Exam Multiple Choice With Quality
Solutions
To indicate that an expense should not be included in the cash flow projection nor used in the calculation
of the NOI select the ___________ option - Correct Answer Reference only



_________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario
information contained within the ARGUS Data Warehouse - Correct Answer Portfolio Level Reporting



______ allows us to track who has been in the asset and what changes have been made to that asset -
Correct Answer Audit Log



Which of the following reports can be accessed by clicking Property Reports? Check all that apply. -
Correct Answer Executive Summary, Budget Comparison, Cash Flow



Users can define a varying building area over time by clicking the Building Area ellipsis - Correct Answer
True



Which of the following is a purpose for a Market Leasing profile? - Correct Answer 1. To apply leasing
assumptions to a tenant area when the current lease for that space expires



2. Speculative leasing or Space Absorption, or vacant space



Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the investment tab -
Correct Answer Other Debt



Intelligent Renewals are used to specify that tenant leases be renewed using ___________. Check all
that apply - Correct Answer 1. Last Month's Rent Rate

2. Contract Rate

3. Weighted Market Renewal Rate

4. Market Rent in a different Market Leasing profile

, Calculate the Operating Expense shown on the Cash Flow from the following assumptions:



Expense amount: $0.45/SF/Year

Property Size: 65,000 SF

% Fixed: 45%

Occupancy: 82% - Correct Answer $26,354



A portfolio may have _____ chart of accounts applied at a time - Correct Answer One



Non-operating expenses will fall below the net operating income line on the cash flow - Correct Answer
True



For a tenant to pay a specific amount for an expense, select the __________ Recovery Method - Correct
Answer Fixed Amount



The __________ allows users to upload numerous files and URLs to centralize the location of property
documents - Correct Answer Attachments Tab



When will the CPI Increase be applied to a tenant when the selected method is "Each Lease
Anniversary"? - Correct Answer At the beginning of each lease year starting in the second year



It is required to enter in a Property Name and Address for every property added within a portfolio -
Correct Answer False



Users with the appropriate system rights and permissions can create _____ values for property and
tenant classifications - Correct Answer More Than 100



To change the Report Print Interval setting click the _________ button - Correct Answer Report Options



Which of the following are levels offered with the Chart of Accounts? Check all that apply - Correct
Answer 1. Parent/Header

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