Argus Certification Practice Test Exam Questions with Correct Verified Solutions 100% Guaranteed Pass
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Course
ARGUS
Institution
ARGUS
Argus Certification Practice Test Exam Questions with Correct Verified Solutions 100% Guaranteed PassArgus Certification Practice Test Exam Questions with Correct Verified Solutions 100% Guaranteed PassArgus Certification Practice Test Exam Questions with Correct Verified Solutions 100% Guaranteed ...
Argus Certification Practice Test
Exam Questions with Correct Verified
Solutions 100% Guaranteed Pass
Assuming a sale date of December 2020, what will be the net proceeds
from sale if we have a resale calculation that capitalises the NOI of the
sale year? - ANS ✓(202 NOI / 10% Cap Rate)*(1.0 - 3% adjustment)
When using an Available date that is before the Start date, the loss in
potential rent (Base Rental Revenue) can be shown on which report? -
ANS ✓Lease Audit
______________________ is used in retail properties where tenants are
expected to pay a percentage of their sales to the property owner. -
ANS ✓Percentage Rent
What is the default calculation formula for Chargeable Sales? - ANS
✓Sales Volume - Breakpoint
Calculate the General Vacancy Loss using the following assumptions:
-PGR: $800,000
-ATV: $20,000
-Calculation: 5% of PGR - ANS ✓[(800,000 + 20,0000)*0.05] - $20,000 =
$21,000
Argus Certification
, 2
Argus
True or False: Additional principal payments can be factored into the
loan computations? - ANS ✓True
While running a 7-year analysis on a property with a 30-year debt
note in ARGUS Enterprise, the note will _____________ at the end of the
projection. - ANS ✓Balloon
After changing the modelling policy for Gross Ups, any Recovery
Structure already created will default to the Gross Up percent in the
Modelling Policies window. - ANS ✓False
The default formula for Leasing Commissions is: - ANS ✓Base Rent +
Step Rent + CPI - Free Rent
To indicate that an expense should not be included in the cash flow
projection nor used in the calculation of the NOI, select ________________ -
ANS ✓Reference Only
True or False: The percentage of the expense that is eligible to be
recovered can be altered for the entire property within the Expense
tab - ANS ✓True
What is the default formula for Free Rent? - ANS ✓Base Rent + Fixed
Steps + CPI
True or False: Months Vacant Overrides will only affect the first
rollover and there will be no blending based upon the renewal
probability. - ANS ✓True
Argus Certification
, 3
Argus
True or False: The Batch Update allows a user to model several
changes simultaneously instead of performing each individual
adjustment. - ANS ✓True
True or False: When creating a sensitivity scenario, changes to
individual properties may be made at the top of the screen. - ANS
✓False
Different levels of detail can be set for the Audit Log in which Portfolio
Application tab? - ANS ✓Portfolio Details
To change the report interval setting, click the _____________ button. -
ANS ✓Report Options
Which report within Portfolio Level Reports will show individual
property information that makes up the selected cash flow totals? -
ANS ✓Cash Flow Detail
All of the following are options for exporting Portfolio Level Reporting
except:
a) Excel
b) Tiff
c) PDF
d) HTML - ANS ✓d) HTML
Task Pane provides a number of shortcuts and convenient functions,
which include: - ANS ✓Getting Started, ARGUS Alerts, ARGUS Valuation -
DCF Wizard, and Shared Workspace
Argus Certification
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