Test
Argus Review Questions
Preguntas del test (77)
1Once Budget and/or Actuals have been imported into AE from a 3rd party system, manual adjustments cannot be made in the budget and/or actuals tabs.
- AVerdadero
- BFalso
2Which of the following is NOT a level offered within the Charts of Accounts section?
- AHeader
- BAccount
- CSub-Account
- DDetail
3Which of he following is NOT a classification type in AE?
- ASystem
- BProperty
- CRegion
- DTenant
4Users in ARGUS Enterprise can have permissions assigned to them at the Portfolio, Scenario, and Property Level.
- AVerdadero
- BFalso
5Which General Vacancy calculation is found by adding the Total Tenant Revenue + Total Other income?
- AAnnual Amount
- B% of Potential Gross revenue
- C% Total Rental Revenue
- D% of Total Tenant Revenue
6Both positive and negative inflation rates can be entered into Argus Enterprise.
- AVerdadero
- BFalso
7Which valuation tabs primary purpose is to determine the current value of the property?
- AAssumptions
- BDirect Capitalization
- CProperty Resale
- DPresent Value
8It is possible to have multiple Property Resale Calculations active for a single property
- AVerdadero
- BFalso
9Calculate the Property Resale value of a building with:
Analysis Length: 5-years
Calc Method: CAP NOI (12 MONTHS AFTER SALE)
Year 5 NOI: $750,000
Year 6 NOI: $1,000,000
Cap rate: 5%- A$37,500
- B$50,000
- C$15,000,000
- D$20,000,000
10Only one debt note can be entered in ARGUS Enterprise.
- AVerdadero
- BFalso
11If the analysis is 10 years long and you have a 30-year debt note, when will it balloon?
- A10
- B11
- C15
- D30
12When calculating a market leasing profile with the ups expiration set to Vacate, ARGUS Enterprise will________?
- Aassume a 0% renewal probability
- Bassume a 100% renewal probability
- CAssume the space goes dark and reabsorbs the area
- Dignores the market leasing profile and insets a new contract lease line
13Which 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 rental rates for market rents, tenant improvements, leasing commissions, etc)?
- Amarket
- Brenew
- Coption
- Dmonth to month
14With a 60% 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 rate are $20/SF and rental TI rates are $10/SF?
- A$10SF
- B$14SF
- C$15SF
- D$20SF
15Calculate 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%
Market inflation rate; 5%
New market rent Y1; $100/SF
Renewal market rent Y1; $75/SF- A$75
- B$78.75
- C$87.50
- D$91.88
16If a tenants upon expiration is set to month to month, how many months of downtime will appear on the tenants cash flow?
- Athe number of months vacant entered into the assigned market leasing profile
- B0 months
- Cthe banded average of the months vacant entered into the assigned market leasing profile
17Which of the following is nOT included in the default leasing commissions fixed % calculation?
- Afixed steps
- Bbase rent
- Crecoveries
- Dfree rent
18Use the following assumptions to calculate the percentage rent:
tenant size: 10,000SF
Building size: 100,000SF
Tenant annual rent: $50,000
Annual sales amount: $10,000,000
Sales %: 5%
Breakpoint:zero- A50,000
- B450,000
- C500,000
- D1,000,000
19_______ is a solution for consolidating and reporting property, tenant, portfolio, and scenario information contained within ARGUS Enterprise
- Aanalysis reporting
- Bproperty cash flows
- Csensitivity assumptions
- Dportfolio reporting
20Properties can be filtered, sorted and grouped in the portfolio interface
- AVerdadero
- BFalso
21User can define a varying building area over time by clicking the building ellipsis.
- AVerdadero
- BFalso
22The _____ tab allows user to upload numerous files to centralize the property documents.
- Aarea measures
- Bproperty
- Cattachments
- Dclassifications
23The report options button allows a user to change the print interval setting for specific reports.
- AVerdadero
- BFalso
24The tenants reports - lease summary displays the following:
- Aonly tenants entered in the rent roll
- Bonly tenants entered in space absorption
- Cboth tenants entered in the rent roll and space absorption
25Which of the following is not a property report?
- Atenant summary
- Bexecutive summary
- Cassumptions
- Dcash flow
26The property reports - assumptions displays what information?
- Ageneral vacancy rates
- Binflation rates
- Cmarket leasing profiles
- DAOB
27Which recovery would you select to enter in a tenant that pays their Net pro-rate share of all expenses over a specified stop amount?
- Afixed amount
- Bstop amount
- Cnet
- Dfixed amount / area
28Base rent, fixed steps, and CPI increases all show up on their own lines on the property cash flow report.
- AVerdadero
- BFalso
29Property level detail can be separated out in portfolio level reports
- AVerdadero
- BFalso
30To make a revenue or expense a blind-line item, select the _____ option.
- Aoption
- Breference only
- Cmemo account
- Dnon-operating expense
31Assume that a property CAM expense is $50,000/Year and 60% fixed. The occupancy for the property is 80%. What is the operating expense amount that you enter in the Operating expense tab?
- A30,000
- B40,000
- C50,000
- D46,000
32Assume that a property CAM expense is $50,000/Year and 60% fixed. The occupancy for the property is 80%. What is the operating expense amount that you enter in the Cash flow?
- A30,000
- B46,000
- C40,000
- D50,000
33in which tab would a user enter in a non-recoverable operating expense?
- AExpenses- operating
- Bexpenses-non operating
- Cexpenses - capital
- Dexpenses - non-recoverable
34An operating expense can have a different % recoverable in the expenses - operating tab that it does in an expense group.
- AVerdadero
- BFalso
35In the sensitivity analysis section, Batch update allows a user to update a current scenario or to create a brand new one.
- AVerdadero
- BFalso
36In space absorption, if a user has 20,000 SF of vacant space and creates leases that are 6,000 SF in size, how many leases will be generated and what size will they be?
- A5 leases: 4,000 SF each
- B4 leases: 5,000 SF each
- C4 leases: 3 at 6,000SF and 1 at 2,000SF
- D3 leases: 6,000 SF each
37It is NOT possible to enter in a mid-month lease start date.
- AVerdadero
- BFalso
38Which of the following is NOT included in the % fixed leasing commissions calculation?
- Afree rent
- BCPI rent
- Cbase rent
- Dstep rent
39What does the available date represent in the tenants - rent roll?
- Athe date the lease commences
- Bthe date the lease is executed
- Cthe date the space is available to lease
40In the rent roll, which of the following is an option from the recovery structure drop down?
- Afixed amount
- Bnone
- Cnet
- DAOB
41If 3 is entered in the free rent field in the tenants - rent roll, the tenant will receive?
- A1 month of free rent at the beginning of each lease year for three years
- B3 months of free rent at the beginning of the first lease year
- C3 months of free rent t the beginning of each lease year
42In the tenants rent roll, which market leasing profile assumptions can be overrode by other fields?
- Amonths vacant
- Bfree rent
- Crental probability
- DNon of above
- EAOB
43ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalization.
- AVerdadero
- BFalso
44In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program.
- AVerdadero
- BFalso
45Which is a benefit to utilizing a chart of accounts?
- Aeasier to track revenues/expenses
- Bstandardizes portfolio for names of all expenses/revenues
- Chelps with accounting system integration
- DAOB
46In ARGUS Enterprise, you can only assign one chart of accounts to a portfolio
- AVerdadero
- BFalso
47Only users with appropriate permissions can access all the feature sin the control panel.
- AVerdadero
- BFalso
48To lock down a specific property and restrict who can edit it, click the ______ button located in the ARGUS Enterprise ribbon bar.
- Amodeling policies
- Bcalculate as
- Ccheck out property
- Ddetails
49You cannot import and/or export v15 DCF files from ARGUS Enterprise.
- AVerdadero
- BFalso
50The expense inflation rate will be the default percentage for:
- Aoperating expenses
- Bnon operating expenses
- Ccapital expenses
- Dall above
- Enon above
51Every inflation rate category must be given a number, or it will default to the general inflation.
- AVerdadero
- BFalso
52Free rent, by default, kicks in at the beginning of the?
- Atenants lease available date
- Banalysis date
- Ctenants lease start date
- Dnone above
53What is the default recovery structure in ARGUS Enterprise?
- Anet
- Bbase year stop
- Cfixed amount
- Dstep rent
- Eall above
54The available date column in the tenants rent roll represents the start of the tenants lease.
- AVerdadero
- BFalso
55By default, tenant improvements and leasing commissions are paid t the start of the tenants lease.
- AVerdadero
- BFalso
56The upon expiration field within the market leasing profile allows user to select a different market leasing profile to be used after the first market leasing term is over.
- AVerdadero
- BFalso
57Contract renewal:
- Ainsets a new contract lease into the rent roll
- Butilizes the renew market leasing profile terms
- Cutilizes the new market leasing profile terms
- Dnone above
58Which report displays new market, rental market and weighted average results?
- Acalculation review details report
- Bassumptions report
- Cmarket pricing report
- Dnone of above
59The inflation rates are displayed on which report?
- Amarket pricing
- Bproperty summary
- Clease audit
- Dcash flow
60When your resale calculation is set to CAP NOI 12 months after sale, which years nOI will be used when analyzing a 6-year analysis?
- A7th
- B5th
- C4th
- D6th
61If 12% is a desired return, enter 12% in the _____ parent tab
- Acap rate
- Bproperty resale
- Cinvestment
- Dvaluation
62If a tenants pace is available, but sitting vacant before they move in and you want to show that vacant on report, what do you need to enter in the for the lease dates?
- Aavailable and lease execution need to have the same date
- Benter the same date in the available and start date fields
- Clease execution needs to be the same as the lsat start date
- Dthe available date needs to be when the space is available and the start date needs to be wen the tenants lease begins
63step rent increases can be applied in the step rent field or in the base rent varies window
- AVerdadero
- BFalso
64When using an available date that is before the start date, the loss in potential rent can be shown on which report?
- Arecovery audit
- Blease audit
- Ctenant cash flow
- Dexecutive summary
65What is the default calculation formula for charitable sales?
- Asales volume - breakpoint
- Bchargeable sales x sales%
- Cbase rent / sales %
- Dsales % x sales volume
66Additional principal payments can be factored into the loan computations.
- AVerdadero
- BFalso
67While running a 5-year analysis on a property wit a 30-year debt note in AE, the note will ____ at the end of the projection?
- Adelte
- Bmature
- Camortize
- Dballoon
68After changing the modeling policy for gross ups, any recovery structure already created will default to the gross sup percent in the dueling policies window.
- AVerdadero
- BFalso
69The default formula for leasing commissions is?
- Abase rent + step rent + free rent - CPI
- BBase rent + step rent - free rent
- CBase rent + CPI
- DBase rent + CPI - step rent
70The percentage of the expense the tis eligible to be recovered can be altered for the entire property within the expense tab.
- AVerdadero
- BFalso
71Months vacant overrides will only affect the first rollover and there will be no blending based upon the renewal probability.
- AVerdadero
- BFalso
72The batch update allows a user to model several changes simultaneously instead of performing each individual adjustment.
- AVerdadero
- BFalso
73When creating a sensitivity scenario, changes to individual properties may be made at the top of the screen.
- AVerdadero
- BFalso
74Different levels of detail can be set for the Audi log in which portfolio application tab?
- Aaudit log
- Bportfolio details
- Cscenarios
- Dproperties
75To change the report interval setting, click the ___ button.
- Ainput
- Bmodeling policies
- Creport options
- Dreports tab
- Enone of the above
76Which report within portfolio level reports will show individual property information that make sup the selected cash flow totals?
- Acash flow detail
- Bcash flow comparison
- Cdashboard
- Dcash flow
77all of the following are options for exporting portfolio level reporting except?
- AExcel
- BHTML
- CPDF
- DTiff
Información
- Descripción
- work hard
- Autor
- Davis Meyer
- Idioma
- English
- Visitas
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