Pregunta 1
Pregunta
Once 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.
Pregunta 2
Pregunta
Which of the following is NOT a level offered within the Charts of Accounts section?
Respuesta
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Header
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Account
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Sub-Account
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Detail
Pregunta 3
Pregunta
Which of he following is NOT a classification type in AE?
Respuesta
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System
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Property
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Region
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Tenant
Pregunta 4
Pregunta
Users in ARGUS Enterprise can have permissions assigned to them at the Portfolio, Scenario, and Property Level.
Pregunta 5
Pregunta
Which General Vacancy calculation is found by adding the Total Tenant Revenue + Total Other income?
Pregunta 6
Pregunta
Both positive and negative inflation rates can be entered into Argus Enterprise.
Pregunta 7
Pregunta
Which valuation tabs primary purpose is to determine the current value of the property?
Respuesta
-
Assumptions
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Direct Capitalization
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Property Resale
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Present Value
Pregunta 8
Pregunta
It is possible to have multiple Property Resale Calculations active for a single property
Pregunta 9
Pregunta
Calculate 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%
Respuesta
-
$37,500
-
$50,000
-
$15,000,000
-
$20,000,000
Pregunta 10
Pregunta
Only one debt note can be entered in ARGUS Enterprise.
Pregunta 11
Pregunta
If the analysis is 10 years long and you have a 30-year debt note, when will it balloon?
Pregunta 12
Pregunta
When calculating a market leasing profile with the ups expiration set to Vacate, ARGUS Enterprise will________?
Respuesta
-
assume a 0% renewal probability
-
assume a 100% renewal probability
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Assume the space goes dark and reabsorbs the area
-
ignores the market leasing profile and insets a new contract lease line
Pregunta 13
Pregunta
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 rental rates for market rents, tenant improvements, leasing commissions, etc)?
Respuesta
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market
-
renew
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option
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month to month
Pregunta 14
Pregunta
With 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?
Pregunta 15
Pregunta
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%
Market inflation rate; 5%
New market rent Y1; $100/SF
Renewal market rent Y1; $75/SF
Pregunta 16
Pregunta
If a tenants upon expiration is set to month to month, how many months of downtime will appear on the tenants cash flow?
Pregunta 17
Pregunta
Which of the following is nOT included in the default leasing commissions fixed % calculation?
Respuesta
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fixed steps
-
base rent
-
recoveries
-
free rent
Pregunta 18
Pregunta
Use 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
Respuesta
-
50,000
-
450,000
-
500,000
-
1,000,000
Pregunta 19
Pregunta
_______ is a solution for consolidating and reporting property, tenant, portfolio, and scenario information contained within ARGUS Enterprise
Respuesta
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analysis reporting
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property cash flows
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sensitivity assumptions
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portfolio reporting
Pregunta 20
Pregunta
Properties can be filtered, sorted and grouped in the portfolio interface
Pregunta 21
Pregunta
User can define a varying building area over time by clicking the building ellipsis.
Pregunta 22
Pregunta
The _____ tab allows user to upload numerous files to centralize the property documents.
Respuesta
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area measures
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property
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attachments
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classifications
Pregunta 23
Pregunta
The report options button allows a user to change the print interval setting for specific reports.
Pregunta 24
Pregunta
The tenants reports - lease summary displays the following:
Respuesta
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only tenants entered in the rent roll
-
only tenants entered in space absorption
-
both tenants entered in the rent roll and space absorption
Pregunta 25
Pregunta
Which of the following is not a property report?
Respuesta
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tenant summary
-
executive summary
-
assumptions
-
cash flow
Pregunta 26
Pregunta
The property reports - assumptions displays what information?
Respuesta
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general vacancy rates
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inflation rates
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market leasing profiles
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AOB
Pregunta 27
Pregunta
Which recovery would you select to enter in a tenant that pays their Net pro-rate share of all expenses over a specified stop amount?
Respuesta
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fixed amount
-
stop amount
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net
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fixed amount / area
Pregunta 28
Pregunta
Base rent, fixed steps, and CPI increases all show up on their own lines on the property cash flow report.
Pregunta 29
Pregunta
Property level detail can be separated out in portfolio level reports
Pregunta 30
Pregunta
To make a revenue or expense a blind-line item, select the _____ option.
Respuesta
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option
-
reference only
-
memo account
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non-operating expense
Pregunta 31
Pregunta
Assume 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?
Respuesta
-
30,000
-
40,000
-
50,000
-
46,000
Pregunta 32
Pregunta
Assume 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?
Respuesta
-
30,000
-
46,000
-
40,000
-
50,000
Pregunta 33
Pregunta
in which tab would a user enter in a non-recoverable operating expense?
Pregunta 34
Pregunta
An operating expense can have a different % recoverable in the expenses - operating tab that it does in an expense group.
Pregunta 35
Pregunta
In the sensitivity analysis section, Batch update allows a user to update a current scenario or to create a brand new one.
Pregunta 36
Pregunta
In 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?
Pregunta 37
Pregunta
It is NOT possible to enter in a mid-month lease start date.
Pregunta 38
Pregunta
Which of the following is NOT included in the % fixed leasing commissions calculation?
Respuesta
-
free rent
-
CPI rent
-
base rent
-
step rent
Pregunta 39
Pregunta
What does the available date represent in the tenants - rent roll?
Respuesta
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the date the lease commences
-
the date the lease is executed
-
the date the space is available to lease
Pregunta 40
Pregunta
In the rent roll, which of the following is an option from the recovery structure drop down?
Respuesta
-
fixed amount
-
none
-
net
-
AOB
Pregunta 41
Pregunta
If 3 is entered in the free rent field in the tenants - rent roll, the tenant will receive?
Respuesta
-
1 month of free rent at the beginning of each lease year for three years
-
3 months of free rent at the beginning of the first lease year
-
3 months of free rent t the beginning of each lease year
Pregunta 42
Pregunta
In the tenants rent roll, which market leasing profile assumptions can be overrode by other fields?
Respuesta
-
months vacant
-
free rent
-
rental probability
-
Non of above
-
AOB
Pregunta 43
Pregunta
ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalization.
Pregunta 44
Pregunta
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program.
Pregunta 45
Pregunta
Which is a benefit to utilizing a chart of accounts?
Respuesta
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easier to track revenues/expenses
-
standardizes portfolio for names of all expenses/revenues
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helps with accounting system integration
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AOB
Pregunta 46
Pregunta
In ARGUS Enterprise, you can only assign one chart of accounts to a portfolio
Pregunta 47
Pregunta
Only users with appropriate permissions can access all the feature sin the control panel.
Pregunta 48
Pregunta
To lock down a specific property and restrict who can edit it, click the ______ button located in the ARGUS Enterprise ribbon bar.
Respuesta
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modeling policies
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calculate as
-
check out property
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details
Pregunta 49
Pregunta
You cannot import and/or export v15 DCF files from ARGUS Enterprise.
Pregunta 50
Pregunta
The expense inflation rate will be the default percentage for:
Respuesta
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operating expenses
-
non operating expenses
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capital expenses
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all above
-
non above
Pregunta 51
Pregunta
Every inflation rate category must be given a number, or it will default to the general inflation.
Pregunta 52
Pregunta
Free rent, by default, kicks in at the beginning of the?
Pregunta 53
Pregunta
What is the default recovery structure in ARGUS Enterprise?
Respuesta
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net
-
base year stop
-
fixed amount
-
step rent
-
all above
Pregunta 54
Pregunta
The available date column in the tenants rent roll represents the start of the tenants lease.
Pregunta 55
Pregunta
By default, tenant improvements and leasing commissions are paid t the start of the tenants lease.
Pregunta 56
Pregunta
The 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.
Pregunta 57
Pregunta
Contract renewal:
Respuesta
-
insets a new contract lease into the rent roll
-
utilizes the renew market leasing profile terms
-
utilizes the new market leasing profile terms
-
none above
Pregunta 58
Pregunta
Which report displays new market, rental market and weighted average results?
Pregunta 59
Pregunta
The inflation rates are displayed on which report?
Respuesta
-
market pricing
-
property summary
-
lease audit
-
cash flow
Pregunta 60
Pregunta
When your resale calculation is set to CAP NOI 12 months after sale, which years nOI will be used when analyzing a 6-year analysis?
Pregunta 61
Pregunta
If 12% is a desired return, enter 12% in the _____ parent tab
Respuesta
-
cap rate
-
property resale
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investment
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valuation
Pregunta 62
Pregunta
If 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?
Respuesta
-
available and lease execution need to have the same date
-
enter the same date in the available and start date fields
-
lease execution needs to be the same as the lsat start date
-
the available date needs to be when the space is available and the start date needs to be wen the tenants lease begins
Pregunta 63
Pregunta
step rent increases can be applied in the step rent field or in the base rent varies window
Pregunta 64
Pregunta
When using an available date that is before the start date, the loss in potential rent can be shown on which report?
Respuesta
-
recovery audit
-
lease audit
-
tenant cash flow
-
executive summary
Pregunta 65
Pregunta
What is the default calculation formula for charitable sales?
Pregunta 66
Pregunta
Additional principal payments can be factored into the loan computations.
Pregunta 67
Pregunta
While 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?
Respuesta
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delte
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mature
-
amortize
-
balloon
Pregunta 68
Pregunta
After changing the modeling policy for gross ups, any recovery structure already created will default to the gross sup percent in the dueling policies window.
Pregunta 69
Pregunta
The default formula for leasing commissions is?
Respuesta
-
base rent + step rent + free rent - CPI
-
Base rent + step rent - free rent
-
Base rent + CPI
-
Base rent + CPI - step rent
Pregunta 70
Pregunta
The percentage of the expense the tis eligible to be recovered can be altered for the entire property within the expense tab.
Pregunta 71
Pregunta
Months vacant overrides will only affect the first rollover and there will be no blending based upon the renewal probability.
Pregunta 72
Pregunta
The batch update allows a user to model several changes simultaneously instead of performing each individual adjustment.
Pregunta 73
Pregunta
When creating a sensitivity scenario, changes to individual properties may be made at the top of the screen.
Pregunta 74
Pregunta
Different levels of detail can be set for the Audi log in which portfolio application tab?
Respuesta
-
audit log
-
portfolio details
-
scenarios
-
properties
Pregunta 75
Pregunta
To change the report interval setting, click the ___ button.
Respuesta
-
input
-
modeling policies
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report options
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reports tab
-
none of the above
Pregunta 76
Pregunta
Which report within portfolio level reports will show individual property information that make sup the selected cash flow totals?
Respuesta
-
cash flow detail
-
cash flow comparison
-
dashboard
-
cash flow
Pregunta 77
Pregunta
all of the following are options for exporting portfolio level reporting except?