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ARGUS CERTIFICATION PRACTICE TEST
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ARGUS CERTIFICATION PRACTICE TEST
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ARGUS CERTIFICATION QUESTIOND AND ANSWERSMain window 4 main elements - Answers- Navigation Pane, Portfolios, Scenarios, and
Properties
Navigation Pane - Answers- Recent Properties, Property Portfolios, Investment
Portfolios, Sensitivity Assumptions, Charts of Accounts, Net Effective Rent, Global
Categories, Currency Scenarios, Help, Control Panel
Once a Property Asset Type is selected it cannot be changed. - Answers- False
The Analysis Began date defaults to the current month and year - Answers- True
Which section in the navigation pane allows users to update a variety of different
settings ranging from managing users to data import validation rules to report settings? -
Answers- Control Panel
Variable Expense Calculation - Answers- ((Expense Amount x % Fixed) + (Expense
Amount x % Variable x % Occupied)) = Expense amount on Cash flow
what is the extension of a property asset file in AE? - Answers- .auvx
__________ saves the updates to the property asset model to the database. If a
calculation has been performed, it also saves the latest calculation results. - Answers-
Save Property
What should be selected as the 'How Input' method for a revenue or expense to be
based on a percentage of other cash flow items in the property? - Answers- % of Other
Common are Maintenance (CAM) is 100,000 and is 50% fixed. Occupancy is 75%.
What dollar amount should entered in Amount1 field? What will be the actual expense
on the cash flow for CAM? - Answers- 100,000. Actual Expense = (100,000 x 50%) +
(100,000 x 50% x 75%) 50,000 + 37,500 = 87,500
Insurance is 80,000 and is 100% fixed. Occupancy is 85%. What is the dollar amount
that should be entered into Amount1 field? what will the actual expense on the Cash
flow for insurance? - Answers- 80,000. 80,000
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 amount1 varies window? - Answers- Copy
Column to End
The "active" field allows a user to enable or disable a tenant as a reference record. -
Answers- If "Yes"mis selected the record will be included in the calculations and reports.
If "No" is selected the record will be excluded from the calculations and reports/
, Free Rent by default includes: - Answers- Base Rent, Stop Rent and CPI Rent
In the Recoveries section of the Modeling Policies a user can specify / change the
default recovery type. - Answers- Base Year Stop = ((current year expense - base year
expense) x tenant net share)
Leasing Commission Calculations - Fixed % - Answers- LC = ((( Base rent + Step Rent
- Free Rentyr1) x LC%) + ((Base Rent + Step Rent - Free Rentyr2) x LC%) + ((Base
Rent + step rent - Free Rentyr3) x LC%) + ... )
What is market rent in 2027? Market Base rent is $15 spf in 2024 - Answers-
15*(1.05)^2+ (ANS)*(1.03) = 17.03
What is the CPI Inflation Rate in 2026? - Answers- 0%
When Calculating a Market Leasing Profile with the Uopn Expiration set to Renew,
Enterprise assumes - Answers- 100% Renewal
the upon expiration field within the Market Leasing profile allows us to select any
overrides for past terms - Answers- False
Calculation for natural breakpoint - Answers- Natural = Rent / Sales%
Percentage rent = - Answers- (Sale Amount - Break point = Chargeable Sales) x
Sales%
When you have a one tie increase or an increase that happens at different increments
or times, utilize the Fixed Step Unit Column - Answers- False
Which of the Portfolio Application Tabs is best described by the following statement?
This application allows users to create and view analytical charts and graphs based on
a combination of properties from the portfolio. - Answers- Analysis
Building Area typically represents - Answers- Net Leasable Area of the porperty
Fiscal Recovery using Fiscal Inflation - Answers- Recovery timing and recovery inflation
timing mirror the month selected In the inflation month field
calendar recovery using fiscal inflation - Answers- January is used as the start of the
year for recovery timing and the inflation mirrors the month started in the inflation month
field
Calendar Recovery using Calendar Inflation - Answers- January is used as the start of
the year recovery timing and inflation calculation. the month selected in the inflation
month field is not used.
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