100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
ARGUS Exam Questions and Correct Answers Latest Update, Graded A+ $13.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. Argus Certification
  4.  
  5. Argus Certification

Exam (elaborations)

ARGUS Exam Questions and Correct Answers Latest Update, Graded A+
 7 views  0 purchase
  • Course
  • Argus Certification
  • Institution
  • Argus Certification

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...

[Show more]

Preview 4 out of 63  pages

Document information

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

Subjects

  • argus exam questions and correct answers latest u

Written for

  • Argus Certification
  • Argus Certification

Seller

avatar-seller
ExamArsenal

Reviews received

Content preview

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

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamArsenal. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart