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ARGUS Exam Questions and Correct Answers Latest Update, Graded A+
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1. Once Budget and/or Actuals have been imported into AE from a 3'd party sy stem, manual adjustments cannot be made in the Budget and/or Actuals tabs. a. True b. False o :## a. True 2. Which of the following is NOT a level offered within the Charts of Accounts section? a. Header b. Account...

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  • August 22, 2024
  • 63
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • argus exam questions and correct answers latest u

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  • Argus Certification
  • Argus Certification

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1|Page : 2024 | Grade A+




ARGUS Exam Questions and Correct
Answers Latest Update, Graded A+

1. Once Budget and/or Actuals have been imported into AE from a 3'd party sy

stem, manual adjustments cannot be made in the Budget and/or Actuals tabs. a.

True b. False

o :## a. True



2. Which of the following is NOT a level offered within the Charts of Accounts

section? a. Header b. Account c. Sub-Account d. Detail

o :## c. Sub-Account



3. Which of the following is NOT a Classification type in AE? a. System b. Property

c. Region d. Tenant

o :## c. Region



4. Users in ARGUS Enterprise can have permissions assigned to them at the

Portfolio, Scenario, and Property Level. a. True b. False

o :## a. True



5. Which General Vacancy calculation is found by adding the Total Tenant Revenue

Total Other Income? a. Annual Amount b % of Potential Gross Revenue c . % Total

Rental Revenue d . % of Total Tenant Revenue




Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update

,2|Page : 2024 | Grade A+


o :##



5. Which General Vacancy calculation is found by adding the Total Tenant Revenue

Total Other Income? a. Annual Amount b . % of Potential Gross Revenue c . % Total

Rental Revenue d . % of Total Tenant Revenue

o :## a. Annual Amount



6. Both Positive and Negative inflation rates can be entered into ARGUS Enterprise.

a. True b. False

o :## a. True



7. What is the extension of a property asset file in ARGUS Enterprise a. .sf b. aeix

c. PISCES d. .avux

o :## d. .avux



8. Which Valuation tab's primary purpose is to determine the current value of the

property? a. Assumptions b. Direct Capitalization c. Property Resale d. Present

Value

o :## b. Direct Capitalization



Enterprise. 9. It is possible to have multiple Property Resale Calculations active for

a single property. a. True b. False

o :## b. False




Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update

,3|Page : 2024 | Grade A+


10. Calculate the Property Resale Value of a building with Analysis Length: 5 Years

Calc Method: CAP NOI (12 Months After Sale) Cap Rate 5.00 % Year 6 NO:

$1,000,000 Year 5 NOI: $750,000 a. $37,500 b. $50,000 c. $15,000,000 d.

$20,000,000

o :## d. $20,000,000



11. Only one (1) debt note can be entered into ARGUS Enterprise a. True b. False

o :## b. False



12. If the analysis is 10 years long and you have a 30-year debt note, when will it

balloon? a. 10 Years b. 11 Years c. 15 Years d. 30 Years

o :## a. 10 Years



13. When calculating a Market Leasing profile with the Upon Expiration set to

Vacate, ARGUS Enterprise will a . Assume a 0.0 % renewal probability b . Assume a

100.0 % renewal probability c. Assume the space goes dark and reabsorbs the area

d. Ignores the Market Leasing profile and inserts a new Contract lease line

o :## a . Assume a 0.0 % renewal probability



14. Which of the following Upon Expiration is described by the following definition:

Renewals will be processed based on the renewal probability in the Market Leasing

profile (weighted average calculations of new and renewal rates for market rents,

tenant improvements, leasing commissions, etc.). a. Market b. Renew c. Option d.

Month to Month




Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update

, 4|Page : 2024 | Grade A+


o :## a. Market



15 , with a 60.0 % Renewal Probability , what Tenant improvement rate will be

calculated if a tenant rolls to Market in the first year of the analysis and New TI

Rates are $20.00/SF and Renewal TI Rates are $10.00/SF? a. $10.00/SF b.

$14.00/SF c. $15.00/SF d. $20.00/SF

o :## b. $14.00/SF



16. Calculate the Market Rent Rate in Year 2 using the following information for a

tenant that is set to "Renew" in the Upon Expiration field: Renewal Probability 50.0

% Market Inflation Rate 5.0 % New Market Rent (Year 1): $100.00/SF/Year Renewal

Market Rent (Year 1): $75.00/SF/Year a. $75.00/SF/Year b. $78.75/SF/Year c.

$87.50/SF/Year d. $91.88/SF/Year

o :## b. $78.75/SF/Year



7. If a Tenant's Upon Expiration is set to Month to Month, how many months of

downtime will appear on the Tenant Cash Flow? a. 0 Months c. The blended

average of the Months Vacant entered into the assigned Market Leasing profile b.

The number of Months Vacant entered into the assigned Market Leasing profile

o :## a. 0 Months



downtime will occur if a tenant was set to Market upon rollover? 8. The weighted

average is 6.4 for the Months Vacant in a Market Leasing profile. How many months

of a. 0 Months b. 6 Months c. 6.4 Months d. 7 Months




Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update

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