Within ARGUS Enterprise, it is possible to copy items from Excel into AE. - Correct Answer True
To adjust the Base Rent when you have a one-time increase, or increases that happens at different increments, use the Fixed Steps Unit column. - Correct Answer False
Which of the following are ...
ARGUS Enterprise Exam Prep Questions
Within ARGUS Enterprise, it is possible to copy items from Excel into AE. - Correct Answer True
To adjust the Base Rent when you have a one-time increase, or increases that happens at different
increments, use the Fixed Steps Unit column. - Correct Answer False
Which of the following are the three levels of detail offered with the Chart of Accounts?Check the three
(3) that apply. - Correct Answer - Cashflow/GL Account
-Parent/Header
-Job Costs
Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the Investment tab. -
Correct Answer Other Debt
Some key benefits to utilizing Charts of Accounts can include:Check all that Apply. - Correct Answer -
Helps with 3rd part accounting system integration
- Standardizes naming usage for Expenses and Revenues
- Easier to track Revenues and Expenses
Which of the following are included in the default Free Rent calculation?Check all that apply. - Correct
Answer - Base Rent
- CPI Rent Increases
- Fixed Steps
Percentage Rent fields are only available when _________ is selected as the property type. - Correct
Answer Retail or Mixed Use that includes Retail
Which of the following reports can be accessed by clicking Property Reports?Check all that apply. -
Correct Answer - Cash Flow
- Executive Summary
- Budget Comparison
, The ___________ will display what properties were edited by which users within the opened portfolio -
Correct Answer Audit Log
What is the calculation for the Natural Breakpoint for Percentage Rent? - Correct Answer Base Rent/
Sales Percentage
The Fixed Amount/Area Recovery Method is calculated as: - Correct Answer The annual amount/area,
based on Tenant Size, that will be paid by the tenant each year.
A Portfolio may have _______ Chart of Accounts applied at a time. - Correct Answer One
How is Total Rental Revenue calculated? - Correct Answer Scheduled Base Rent + CPI Increases
Users can define a varying buliding area over time by clicking the Building Area ellipsis. - Correct Answer
True
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
$0.45* 65,000 SF = 29250
(29250* 45% fixed) = 13162.5
(29250* 0.55 variable* 0.82 occ.) = 13191.75
Opex: 13162.5 + 13191.75 = 26354
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