Exam (elaborations)
ARGUS CERTIFICATION EXAM QUESTIONS AND ANSWERS
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ARGUS CERTIFICATION EXAM QUESTIONS AND ANSWERS
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ARGUS CERTIFICATION EXAM QUESTIONS ANDANSWERS
Expense amount on cash flow - Answers- (Expense Amt x % Fixed) + (Expense Amt x
% Variable x % Occupied)
Reimbursable expenses - Answers- expenses a property owner will recover from
tenants. Includes CAM, Taxes, Insurance and Repairs
Recent Properties - Answers- -included in navigation pane
-allows user to see up to 10 most recent Argus files
Global Categories - Answers- -in navigation pane, includes:
1. Manage Indices
2. Manage Inflation Rates
3. Manage Classifications
4. Manage Currencies
5. Manage Interest Rates
Manage Indices - Answers- create new inflation indices
Manage Inflation Rates - Answers- where global inflation rate categories can be
created and later applied at the property level
Manage Classifications - Answers- manage the definition of the classification
categories
Manage Currencies - Answers- set the currency
Manage Interest Rates - Answers- to set up loan IR and project cash flow and returns
after debt, various interest rates, swaps and refinancing scenarios
Creating New Portfolio - Answers- any changes made to a portfolio will be saved. Once
the initial portfolio has been created, duplicate that and make changes to the copy
property asset types ___ be changed after a property has been created - Answers- can
the Analysis Begin date defaults to - Answers- the current month and year
Property Asset Information includes - Answers- Name, Analysis Begin, Analysis Years,
Currency and Address
Portfolio Application Tabs - Answers-
When a property is first created, it will open in ____ mode - Answers- Edit
, Reports and inputs screens - Answers- can be viewed at the same time
Save Property - Answers- saves the updates to the property asset model to the
database. If a calculation has been performed, it will save the latest calculation results.
Saves as .avux extension
Save Property As - Answers- will save a new version of the selected property asset
Save Property to File - Answers- saves an .avux file without saving to the database
Check In/Check Out Property - Answers- use to restrict who can edit them
Discard Changes - Answers- discards any changes you have made since the last save
Ground Leases - Answers- -properties sub tab
to adjust market assumptions for a Ground Lease, model valuation or DCF
Units - Answers- -properties sub tab
allows user to track inventory, forecast property unit CF's, model renewal scenarios for
tenants, and extract data needed for stacking plans
Actuals - Answers- where we can import or manually enter actual expenses incurred by
the property
Classifications - Answers- add classifications to group assets that share similar values
Inflation Tab - Answers- -market tab
enter the default inflation rates to be used in each section. Inflation rates are applied
annually based on the Analysis Begin date
How to enter inflation rates - Answers- as a percentage
-1.5% should be entered as 1.5 or 1.5% not as .0015
revenues tab - Answers- includes miscellaneous, parking and storage tabs
revenues- miscellaneous - Answers- where you can enter all non-tenant related
revenue (ex: roof antenna)
How Input - Answers-
Expenses tab - Answers- where all reimbursable and non-reimbursable operating
expenses are entered
Common reimbursable expenses - Answers- CAM, Taxes, Insurance, Repairs
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