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ARGUS ENTERPRISE EXAM GUIDE WITH GUARANTEED ACCURATE ANSWERS |VERIFIED, Exams of Nursing

ARGUS ENTERPRISE EXAM GUIDE WITH GUARANTEED ACCURATE ANSWERS |VERIFIED

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2024/2025

Available from 09/03/2024

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ARGUS ENTERPRISE EXAM GUIDE ARGUS ENTERPRISE EXAM GUIDE WITH GUARANTEED ACCURATE ANSWERS |VERIFIED Which of the following is NOT a section found in the File tab? A. Property Portfolios B. Audit Trail C. Investment Portfolios D. Help - ACCURATE ANSWERS✔✔ B. Audit Trail Which of the following is TRUE about the Chart of Accounts? A. Only one can be imported into AE. B. Importing a COA is not an available feature. C. Once a COA for a portfolio is selected, the COA cannot be changed to another COA. D. All of the above are true. - ACCURATE ANSWERS✔✔ C. Once a COA for a portfolio is selected, the COA cannot be changed to another COA.

Which of the following is NOT a model of AE? A. Valuation Cashflow B. Property Budget C. Investment Portfolios D. All of the above are modules of AE - ACCURATE ANSWERS✔✔ D. All of the above are modules of AE Which of the following are Classification types in ARGUS Enterprise? Check all that apply. A. Property B. System C. Portfolio D. Tenant - ACCURATE ANSWERS✔✔ Property, System, Tenant On the Area Measure tab, new categories may be created by the user to accommodate reimbursement calculations or specify other measurements, such as common areas. True or False - ACCURATE ANSWERS✔✔ True If a Property is in Read-Only mode, which button option should be selected if a user is wanting to make changes in the property? A. Auto Calculate B. Report Dock C. Edit Property

D. None of the Above - ACCURATE ANSWERS✔✔ C. Edit Property How should 1/2% be entered in the Inflation field in the Market - Inflation sub-tab? A. 0. B. 1/ C. 0. D. 0.5 - ACCURATE ANSWERS✔✔ D. 0. Which of the following revenues should be entered on the Revenues tab? A. Base Rent B. Percentage Rent C. Vending D. Leasing Commissions - ACCURATE ANSWERS✔✔ C. Vending Use the following information to calculate the amount that will appear on the cash flow in Year 1. $100, 25.0% Fixed 60.0% Occupied A. $25, B. 45, C. $70, D. $90,000 - ACCURATE ANSWERS✔✔ C. $70,

In the varies window, which entry option will copy the monthly amount to all remaining months of the analysis? A. Single Value B. Detail C. Copy to End D. Copy Column to End - ACCURATE ANSWERS✔✔ C. Copy to End Select ____ in the How Input field when the number entered in the Amount 1 column will be multiplied by the building area. A. Currency Amount / Rentable Area B. Currency Amount / Occupied Area C. Currency Amount / Vacant Area D. Amount 1 - ACCURATE ANSWERS✔✔ A. Currency Amount / Rentable Areamgr A new lease would be created based on the renewal market entries in the Market Leasing profile. - ACCURATE ANSWERS✔✔ Renew A new lease would be created based on the New market entries in the Market Leasing profile. - ACCURATE ANSWERS✔✔ Vacate All income for the space will cease when the initial lease term expires. - ACCURATE ANSWERS✔✔ Reabsorb

A weighted average is created from the New and Renewal Market Leasing profile fields. - ACCURATE ANSWERS✔✔ Market Which one of the following is NOT a way to insert a new line into the Rent Roll? A. Click the Add Record button in the Data section of the Ribbon. B. Right-click in the white space found in the Rent Roll tab. C. Double-click the Rent Roll tab within the Tenants section. D. Utilize the hot keys on the keyboard and select Ctrl + N. - ACCURATE ANSWERS✔✔ C. Double-click the Rent Roll tab within the Tenants section. A lease starts January 1, 2014 and has a 3 year lease term, check the following choices that are acceptable entries for the Term/Expire field? A. 3/ B. 36 C. 12/ D. 12/31/2016 - ACCURATE ANSWERS✔✔ 3/0, 12/31/ Annual recovery amount that will be paid by the tenant each year. - ACCURATE ANSWERS✔✔ Fixed Amount Tenants with leases that begin after the analysis start will pay their pro- rata share of any increases over the amount of reimbursable expenses in the first year of the lease. - ACCURATE ANSWERS✔✔ Base Year Stop

The tenant will reimburse all recoverable expenses over the building stop amount entered based on their proportionate share of the building area. - ACCURATE ANSWERS✔✔ Stop Amount All recoverable expenses are paid by the tenant based on their proportionate share of the building area. - ACCURATE ANSWERS✔✔ Net Check the reports that can be found in the Property Reports section. A. Executive Summary B. Lease Audit C. Assumptions D. Property Summary E. Cash Flow - ACCURATE ANSWERS✔✔ Assumptions, Cash Flow, Executive Summary With Continue Prior selected for Percentage Rent in a Market Leasing profile, the prior lease's Percentage Rent information will be used for the rollover tenant. A. True B. False - ACCURATE ANSWERS✔✔ A. True If a tenant pays $20.00/SF/Year in base rent and takes up 1,000 SF, how much Percentage Rent will they pay if they owe 3% of their $1,000, sales volume over a Zero Breakpoint?

A. $333,

B. $666,

C. $30,

D. $10,000 - ACCURATE ANSWERS✔✔ C. $30,

Which of the following is NOT an option for a changing Base Rent unit in the Base Rent window? A. $/SF/Month B. $/SF/Quarter C. $/SF/Year D. % Increase - ACCURATE ANSWERS✔✔ B. $/SF/Quarter A tenant's base rent is $25.00/SF/Year. They occupy 1,000 SF and have a five year lease term. If they have a fixed step increase of 5% applied each year, how much rent (Base + Fixed) would they pay for their 3rd lease year? A. $25, B. $26, C. $27, D. $28,941 - ACCURATE ANSWERS✔✔ C. $27, Which of the following is NOT an option for a Fixed Steps unit in the Rent Roll? A. $/Quarter B. $/Month

C. % Increase D. $/Year - ACCURATE ANSWERS✔✔ A. $/Quarter To apply a tenant specific rental revenue, you should use which Miscellaneous Items field? A. Miscellaneous Rent B. Incentives C. Security Deposit - ACCURATE ANSWERS✔✔ A. Miscellaneous Rent Which elements are included in the Free Rent Calculation by default? Check all that apply. A. Base Rent B. Fixed Steps C. CPI D. Percentage Rent E. Recoveries F. Miscellaneous Rent - ACCURATE ANSWERS✔✔ Base Rent, Fixed Steps, CPI Which of the following is NOT an option for a CPI Increases? A. Each Lease Anniversary B. Mid Lease Point C. Each Calendar Year

D. Analysis Date Anniversary - ACCURATE ANSWERS✔✔ D. Analysis Date Anniversary In which field can you enter historic CPI input for a tenant that started before the Analysis Start Date? A. CPI Index Value Override B. Current Monthly CPI C. CPI Start Value Date D. Inflation Rate / Index - ACCURATE ANSWERS✔✔ B. Current Monthly CPI Which of the following is NOT a calculation method for General Vacancy? A. % of Scheduled Base Rent B. % of Potential Gross Revenue C. % of Total Tenant Revenue D. % of Total Rental Revenue - ACCURATE ANSWERS✔✔ A. % of Scheduled Base Rent When Override Specified Tenants is checked, an alternate General Vacancy calculation method can be applied to a specific tenant. True or False? - ACCURATE ANSWERS✔✔ False Which General Vacancy calculation is: Schedule Base Rent + CPI Increases?

A. Annual Amount B. % of Total Rental Revenue C. % of Total Tenant Revenue D. % of Potential Gross Revenue - ACCURATE ANSWERS✔✔ B. % of Total Rental Revenue There is 2,000 SF of Area to Lease and you enter 700 SF into the Average Lease Area, how many leases will be generated? A. 3 B. 2. C. 2 D. Leases cannot be generated when the Area to Lease is not evenly divided by the Average Lease Area. - ACCURATE ANSWERS✔✔ A. 3 Space Absorption leases can be altered by changing the inputs located in the bottom half of the screen. True or false? - ACCURATE ANSWERS✔✔ False When would a Detailed Recovery Structure need to be created? Check all that apply. A. Not all of the recoverable expenses are being reimbursed by a tenant. B. Expense recoveries are calculated differently for different expenses. C. An Admin Fee needs to be applied to an expense. D. A limit needs to be applied to one or all of the expenses. - ACCURATE ANSWERS✔✔ A, B, C, D

Which Audit Report will allow you to view the amount of recoveries an individual tenant is paying for each expense? A. Recovery Audit B. Expense Group Audit C. Leasing Activity D. Recovery Structure Details - ACCURATE ANSWERS✔✔ A. Recovery Audit In which section are Expense Groups created? A. Property B. Market C. Expenses D. Tenant - ACCURATE ANSWERS✔✔ C. Expenses Recoverable Expenses total $100,000. Tenant A has a Net Recovery Structure and they take up 25% of the building. A 20% Administration Fee is applied to the % of Recoverable Expenses. How much in recoveries is Tenant A paying? A. $20, B. $25, C. $30, D. $45,000 - ACCURATE ANSWERS✔✔ C. $30, What type of group is used in the Reimburse After Field?

A. Expense Groups B. Tenant Groups C. Recovery Groups D. Market Groups - ACCURATE ANSWERS✔✔ B. Tenant Groups