ARGUS ENTERPRISE EXAM 2024/2025 WITH GUARANTEED ACCURATE ANSWERS |VERIFIED, Exams of Nursing

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ARGUS ENTERPRISE EXAM 2024/ ARGUS ENTERPRISE EXAM 2024/2025 WITH GUARANTEED ACCURATE ANSWERS |VERIFIED

1. How much Real Estate Taxes are being recovered from Tenant 3? - ACCURATE ANSWERS✔✔ -15, -15,000 + Inflation*** -cannot be determined
2. Which of the following is considered a primary use for XL4ADW? - ACCURATE ANSWERS✔✔ -Custom queries of results data*** -Import of new models and data*** -Modify modeling data in AE*** -Review modeling data in AE***
3. Which of the following Portfolio Level Reports allows you to display which tenants are expiring during a given year? - ACCURATE ANSWERS✔✔ -Lease Expiration ***

-Rent Roll - Current -Top Tenants -Rent Roll - Presentation

4. When setting up a Market Leasing profile, the Renewal Market Rent field will default to New Market Rent field entry? - ACCURATE ANSWERS✔✔ T/F True
5. What is the default Discount Interval for the Present Value calculation? - ACCURATE ANSWERS✔✔ -Monthly -Annual *** -Semi-Annual -Quarterly
6. What is the calculation for the Net Breakpoint for Percentage Rent? - ACCURATE ANSWERS✔✔ -Volume - Chargeable Sale -Base Rent / Sales Percentage*** -Base Rent x Sales Percentage -Chargeable Sales x Sales Percentage
7. Which of the following reports can be accessed by click Property Reports? Check all that apply - ACCURATE ANSWERS✔✔ -Property Resale -Cash Flow*** -Budget Comparison***

-Executive Summary***

8. What is the size of the last lease created? - ACCURATE ANSWERS✔✔ -4,000 SF -2,400 SF -2,000 SF -3,000SF***
9. 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: 5% New Market Rent (Year 1): $50/SF/Year Renewal Market Rent (Year 1): $25/SF/Year - ACCURATE ANSWERS✔✔ -$25.00/SF/Year -$26.25/SF/Year -$39.38/SF/Year *** -$52.50/SF/Year
10. Argus Enterprise has three (3) types of Classifications. Property, Tenant, and _________________ - ACCURATE ANSWERS✔✔ -Lease -Status -System ***

-Workflow

11. While running a 5-year analysis on a property with a 30-year debt note in ARGUS Enterprise, the note will ____________ at the end of the analysis - ACCURATE ANSWERS✔✔ -Delete -Amortize -Balloon*** -None of the above
12. Which Upon Expiration best fits the following description? A new speculative lease is created based on the renewal market entries in the Market Leasing Profile - ACCURATE ANSWERS✔✔ -Reabsorb -Market -Renewal*** -Vacate
13. ARGUS Enterprise helps users to: - ACCURATE ANSWERS✔✔ - Quickly and accurately analyze commercial real estate -Forecast property and portfolio cash flow -Calculate investment value and returns -All of the Above***
14. In the Portfolio section of the File tab, existing properties are displayed in the _____________ pane - ACCURATE ANSWERS✔✔ - Scenarios

-Options -Properties*** -Charts

15. What option is selected from the Debt Financing window to calculate an interest only loan? - ACCURATE ANSWERS✔✔ -Select Interest Only as the loan type *** -Leave the Amortize Start field blank -Click the Advanced button -None of the Above
16. Which item in the Market Leasing tab is subject to a weighted calculation based on Renewal %? - ACCURATE ANSWERS✔✔ - Reimbursement -Free Rent*** -Term -Retail Sales
17. Which of the following is NOT a way to increase a tenant's rental revenue? - ACCURATE ANSWERS✔✔ -CPI -Fixed Steps -Market Rent Inflation*** -All of the Above

18. Market Leasing profiles are created to define items such as Market Rents, Months Vacant, and LEasing Commissions for the PAST leases. - ACCURATE ANSWERS✔✔ T/F False
19. Within a Sensitivity Scenario, you can make updates to each individual property or all the of the properties at one time. - ACCURATE ANSWERS✔✔ T/F True
20. It is possible for ARGUS Enterprise to report up to 200 years. - ACCURATE ANSWERS✔✔ T/F False
21. All of the following items can be changed in the Sensitivity module of ARGUS Enterprise except - ACCURATE ANSWERS✔✔ -Market Leasing -Inflation Rates -Contract Tenants*** -Capital Expenses
22. Assumes that a property's CAM expense is $25,000/Year and 50% Fixed. The occupancy for the property is 50%. What is the Operating Expense Amount that will appear on the Cash Flow Report? - ACCURATE ANSWERS✔✔ -$12,500*** -$18, -$20, -$25,

23. Which section in the Navigation Pane allows a user to quickly create new Portfolios, open existing Portfolios, delete a Portfolio, duplicate an existing Portfolio, or refresh the list of Portfolios and Properties? - ACCURATE ANSWERS✔✔ -Investment Portfolios -Property Portfolios*** -Global Categories -Help
24. With an annual Base Rent of $100,000, what is the Natural Breakpoint? - ACCURATE ANSWERS✔✔ -$3, -$99, -$3,333,333*** -Cannot be determined
25. In the Percentage Rent section of the Rent Roll, the breakpoint can be changed by date - ACCURATE ANSWERS✔✔ T/F False
26. By default, all records in the Revenues and Expenses windows are __________% Fixed - ACCURATE ANSWERS✔✔ -0% -100%***
27. Undocked report windows can be dragged to a second monitor so you can view Reports and Input windows side by side - ACCURATE ANSWERS✔✔ T/F True

28. Which Upon Expirations best fits the following description? AE will ignore the Market Leasing profile, and will insert a new speculative lease line into the Rent Roll. Default terms length is set to 1 year - ACCURATE ANSWERS✔✔ -Vacate -Renew- -Market -Month to Month***
29. Which of the following are included in the default Free Rent calculation? Check all that apply - ACCURATE ANSWERS✔✔ -Base Rent*** -Fixed Steps*** -CPI Rent Increases*** -Recoveries
30. The Properties list can be filtered by which criteria? - ACCURATE ANSWERS✔✔ -City and State -Property Type and Property Classification -Property Type and State -All of the Above ***
31. It is possible to create multiple Resale Calculations for a single property - ACCURATE ANSWERS✔✔ T/F True

32. The default formula for a Fixed % Leasing Commission is: - ACCURATE ANSWERS✔✔ -% of Base for the entire lease term -% of first year's Base Rent -% of Base Rent + Step Rent + CPI - Free Rent for the entire lease term*** -% of Base Rent + CPI - Free Rent for first year's rent
33. Which of the following Portfolio Application Tabs gives the ability to calculate a variance between two different scenarios? - ACCURATE ANSWERS✔✔ -Properties -Portfolio Details -Scenarios -Reports ***
34. A variable interest rate for a loan can be created by: - ACCURATE ANSWERS✔✔ -Enter value in the Multiple Interest Rate field -Type in the multiple values in the Interest Rate field -Clicking the ellipses from the Interest Rate field*** -None of the Above
35. The Upon Expiration field from the Market Leasing profile window will govern the creation of future leases following expiration - ACCURATE ANSWERS✔✔ T/F True

36. Which of the following are Classification types in AE? Check all that apply - ACCURATE ANSWERS✔✔ -Region -Property *** -System *** -Tenant ***
37. When leases roll to the Market Leasing profile, by default the rents do not increase during the rollover term - ACCURATE ANSWERS✔✔ T/F True
38. Values entered in the Market Leasing profile's Tenant Improvement fields will inflate by: - ACCURATE ANSWERS✔✔ -General Inflation Rate -Market Inflation -Expense Inflation Rate *** -CPI Infaltion Rate
39. When the running Portfolio Level Reports you have the option to turn off property level debt - ACCURATE ANSWERS✔✔ T/F True
40. Using the information below, calculate the amount that will appear as the Operating Expense on Year 1 of the Cash Flow: Utilities Expense: $20, % Fixed: 30%

% Occupied: 80% % Grossed Up: 90% - ACCURATE ANSWERS✔✔ -$16, -$17,200*** -$18, -$18,

42. Which Upon Expirations best fits the following description? Select this Upon Expiration when the specific rent and parameters of the next term are known. AE will entirely ignore the Market Leasing profile, and will insert a new speculative lease line into the Rent Roll. - ACCURATE ANSWERS✔✔ -Option *** -Vacate -Renew -Contract Renewal
43. Any type of item can be added in as a Miscellaneous Rent if they are directly related to the tenant. - ACCURATE ANSWERS✔✔ T/F True
44. What is the primary purpose of the Direct Capitalization window? - ACCURATE ANSWERS✔✔ -To determine the current value of the property*** -To determine the return of the property -To calculate debt -None of the Above

46. ________________________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario information contained within the ARGUS Data Warehouse. - ACCURATE ANSWERS✔✔ - Property Reporting -Analysis Reporting -Sensitivity Reporting -Portfolio Level Reporting***
47. Which Upon Expiration best fits the following description? Select the Upon Expiration when the specific rent and parameters of the next term are known. AE will entirely ignore the Market Leasing profile, and will insert a new contract lease into the Rent Roll - ACCURATE ANSWERS✔✔ -Contract Renewal *** -Vacate -Renew -Option
48. Users can define a varying building area over time by clicking the Building Are ellipsis - ACCURATE ANSWERS✔✔ T/F True
49. What is the default Start and Available date in the Rent Roll? - ACCURATE ANSWERS✔✔ -Analysis Date*** -Lease Start Date -Reporting Start Date -January 1st of the current year

50. Auto Calculate is turned on by default when a property is created - ACCURATE ANSWERS✔✔ T/F True
51. Rent entered as a Fixed Step is displayed in what line item on the Cash Flow report? - ACCURATE ANSWERS✔✔ -Step Rent Increases -Potential Gross Revenue -Potential Base Rent*** -None of the Above
52. ___________________ allows us to track who has been in the asset and what changes have been made to that asset. - ACCURATE ANSWERS✔✔ -XL4ADW -Sensitivity Reporting -Audit Log*** -Analysis Tab
53. There are _____ types of calculation method selections for General Vacancy in the drop-down. - ACCURATE ANSWERS✔✔ -

-4***

54. Which of the following is an option in the Upon Expiration field within the Rent Roll tab? - ACCURATE ANSWERS✔✔ -Month to month

-Holdover -Renew -All of the Above***

55. A tenant's Net share can be adjusted using which of the following fields in the Recovery Method? - ACCURATE ANSWERS✔✔ -Amount -% Fixed -Recovery Allocation -Reimburse After ***
56. It is possible to calculate an IRR for a property model without indication any sort of Purchase Price. - ACCURATE ANSWERS✔✔ T/F True
57. For a tenant to pay a specific amount for an Expense, select the _________________ Recovery Method. - ACCURATE ANSWERS✔✔ -Fixed Amount *** -Stop Amount -Stop Amount/Area -Market
58. Which of the following is considered "Non-Weighted" within the Market Leasing profiles? - ACCURATE ANSWERS✔✔ -Recovery Structures -Months Vacant ***

-Free Rent -Market Rent

59. Which of the following is NOT a reason that Edit Property button would be greyed out: - ACCURATE ANSWERS✔✔ -You do not have the Permissions to Edit the property -Someone is in the property making changes -Someone is viewing reports for the property -Someone has the property checked out ***
60. In the Upon Expiration field in the Rent Roll, which option is used for termination a lease to allow for dividing the space into multiple leases? - ACCURATE ANSWERS✔✔ -Vacate -Renew -Reabsorb*** -Option
61. What is the Vending Revenue in Year 1 with an occupancy of 75%? - ACCURATE ANSWERS✔✔ -$371. -$ -$4,455*** -$5,
62. With a 75% 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 $10.00/SF and Renewal TI Rates are $5.00/SF? - ACCURATE ANSWERS✔✔ -$5.00/SF -$6.25/SF*** -$7.50/SF -$8.75/SF

63. Using the following information to calculate the amount that is ELIGIBLE for the recovery when using Gross Ups Utilities Expense:$20, % Fixed: 40% % Occupied: 85% % Grossed Up: 90% - ACCURATE ANSWERS✔✔ -$17, -$18, -$18, -$18,800 ***
64. What is the Natural Breakpoint for a tenant with the following assumptions Occupies 7,000 SF Base Rent is $30.00/SF/Year Sales % is 10% - ACCURATE ANSWERS✔✔ -$21, -$70,

-$210,

-$2,100,000 ***

65. Based on a Renewal Probability of 60%, what will be the amount of Free Rent calculated assuming that a Tenant is set to "Market," and a New Tenant receives 6 months of Free Rent, and a Renewal Tenant would receive 0 Months? - ACCURATE ANSWERS✔✔ -0 Months -1.5 Months -2.4 Months*** -3 Months
66. Assume that the Analysis Start Date is January 2015 and a tenant has a Lease Start Date of January 2014. If the tenant's Recovery Structure is set to Base Year Stop, what will AE use to calculate the tenant's recoveries? - ACCURATE ANSWERS✔✔ -2014 Recoverable Expense Totals -2015 Recoverable Expense Totals*** -Cannot be calculated
67. What is the renewal Probability upon second rollover for Tenant 4? - ACCURATE ANSWERS✔✔ -50% -75% -Cannot be determined -The Renewal Probability entered in the Market Leasing Profile

68. With occupancy of 75% and a Property Size of 50,000 SF what is Signage revenue in Year 1? - ACCURATE ANSWERS✔✔ -$3,750*** -$4, -$5, -$5,
69. User-created Classifications are ONLY available at the Property level. - ACCURATE ANSWERS✔✔ T/F True
70. With a Market Inflation Rate of 5%, what will be Year 4's New Market Rent? - ACCURATE ANSWERS✔✔ -$17.36/SF/Year -$18.81/SF/Year -$23.15/SF/Year*** -$24.31/SF/Year
71. In ARGUS, future cash flows are evaluated using a time value of money technique, called discounted cash flow. - ACCURATE ANSWERS✔✔ T/F True
72. Selecting Reference Only in the Usage field in the Operating Expense tab indicates that the item will not appear in the Cash Flow report as an operating expense. - ACCURATE ANSWERS✔✔ T/F True
73. Calculate the Operating Expense that will appear on the Cash Flow from the following assumptions

Expense Amount; $50, % Fixed: 45% Occupancy: 80% - ACCURATE ANSWERS✔✔ -$22,500 *** -$27, -$40, -$44,

75. Use the following assumptions to calculate the General Vacancy for the property in Year 1 of the analysis if we are overriding Tenant 1 and a Percent of Potential Gross Revenue is the method being applied. There is no Absorption & Turnover in Year 1. General Vacancy Rate: 5% Total Potential Gross Revenue: $90, Tenant 1 Rental Revenue: $45, Tenant 1 Override %: 0% - ACCURATE ANSWERS✔✔ -$2,250*** -$4, -$6, -None of the Above