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Social Sciences/Economics
ARGUS – WILL Exam Questions And Answers
Social Sciences/Economics ARGUS - WILL Exam Questions And Answers 2025 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. Truc b. False — ANS-WWa, True 2. Which of the following is NOT a level offered within the Charts of Accounts count ¢, Sub-Account d. Detail - ANS-Wwvc, section? a, Header b. Sub-Account 3. Which of the following is NOT a Classification lype in AE? a. System b, Property c. Region d. Tenant — ANS-W we, Region 4, Users in ARGUS [Enterprise can haye permissions assigned to them at the Portfolio, Scenario, and Property Level. a. Truc b, alse — ANS-WWa, Truc a. Which General Vacancy calculation is found by adding the Total Tenant Revenue Total Other Income? a, Annual Amount b % of Potential Grass Reyenue ¢ . % Total Rental Revenue d. % of Total Tenant Revenue — ANS-Wv a. Which General Vacancy calculation is found by adding the Total Tenant Revenue Total Other Income? a, Annual Amount b. % of Potential Gross Revenue ¢, % Total Rental Revenue d. % of Total Tenant Revenue — ANS-WwWa. Annual Amount 6. Both Positive and Negative inflation rates can be entered into ARGUS [interprise. a. True b, False — ANS-WWa, True 7. What is the extension of a property asset file in ARGUS Enterprise a, .s! b. aeix c. PIs d. .avux — ANS-Ww 4d, .avux 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/SI'? a. $10.00/SF b. $14.00/SF c. $15.00/SF d, $20.00/SI — ANS-vW wb, $14.00/SF 16. Calculate the Market Rent Rate in Year 2 using the [ollawing information for a tenant that is sect to "Renew" in the Upon [ixpiration field: Renewal Probability 50,0 % Market Inflation Rate 5.0 % New Market Rent (Year 1): $100,00/SI'/Year Renewal Market Rent (Year 1): $75,00/SI'/Year a. $75,00/SI'/Year b. $78.75/SF/Year e. $87.50/SF/Year d. $91.88/SK/Year — ANS-WWb. $7 5F/Year 7.10 a Tenant's Upon Expiration is set to Month to Month, how many months of downtime will appear on the Tenant Cash Flow? a. O 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 - ANS-WWva, 0 Months downtime will occur if a tenant was sct to Market upon rollover? 8. The weighted average is 6.4 [or the Months Vacant in a Market Leasing profile. [low many months of a. OQ Months b, 6 Months c. 6.4 Months d. 7 Months - ANS-Wwb, 6 Months 19, which of the following is NOT included in the default Leasing Commissions I'ixed % calculation ? a. Base Rent b. lixed Steps c, Free Rent d. Recoveries - ANS-Wwd. Recoveries 20, Use the following assumptions to calculate the Percentage Rent: Tenant Size: 10,000 $ Building Size 160,000 SR Tenant Annual Rent: $50,000 Annual Sales Amount: $10,000,000 Sales 96 : 5 % Breakpoint Zero a, $50,000 b, $450,000 c. $500,000 d. $1,000,000 — ANS-WWve, $500,000 21, is a solution for consolidating and reporting property, tenant, portfolio, and secnario information contained within ARGUS [interprise a. Analysis Reporting b. Property Cash Flows c. Sensitivity Assumptions d. Portfolio Reporting - ANS-vwvd, Portfolio Reporting 22, Properties can be filtered, sorted and grouped in the Portfolio interface. a. True b. False — ANS-WWa, Truc 23, U sers can define a varying building area over time by clicking the Building Arca ellipsis a. True b. False - ANS-WWa. Truc 24, The tab allows users to upload numcrous files to centralize the property >. Attachments d. Classificatians — ANS-W documents a, Property b. Arca Measures vc, Attachments 25, [low many years can an analysis length be? a. 1 Year b. 40 Years C, 100 Years d. Th Phere is no limit - ANS-WWC,. 100 Years 26, The Report Options button allows a user to change the Print Interval setting for specific reports a. Truc b. False — ANS-WWa, Truc 27, The Tenant Reports — Lease Summary displays the following: a, Only Tenants entered in the Rent Roll b. Only Tenants entered in Space Absorption c, Both Tenants entered in the Rent Roll and Space Absarplion - ANS-Wwc, Both Tenants entered in the Rent Roll and Space Absorption 28, Which of the following is NOT a Property Report? a. Cash Flow b, Executive Summary c. Assumptions d. Tenant Summary — ANS-#¢w 4d, Tenant Summary 36, Property level detail can be separated out in Portfolio Level Reports. a. Truce b, False — ANS-WWa, Truc 37, C alculate the Operating Expense amount that will appear on the Cash Flow from the following assumptions: Expense Amount: $100,000 % Variable : 25.0 % Occupaney: 50.0 % a. $100,000 b. $87,500 c. $75,000 d. $62,500 - ANS-VWb. $87,500 38, To make a Revenue or Expense a blind-line item, select the option, a, Non- Operating Expense b. Option ec, Reference Only d. Memo Account — ANS-Wwvc. Reference Only 39, Assume that a property 's CAM expense is $50,000 / Year and 60.0 % Tixed . The Occupancy for the property is 80.0 % what is the Operating Expense Amount that you enter into the Operating [Expense tab? a. $30,000 b. $40,000 c. $46,000 d. $50,000 — ANS-W wd, $50,000 40, Assume that a property 's CAM expense is $ 50,000 / Year and 60.0 % Fixed . The Occupancy for the property is 80.0 % what is the Operating [Expense Amount that appears on the Cash Flow ? a. $30,000 b, $40,000 C. $ 46,000 d. $50,000 -— ANS-v WC. 46,000 41, In which tab would a user enter in a non-recoverable operating expense? a. xpenses— Capital d. [Expenses — Operating b. ixpenses— Non-Opcrating c [Expenses— Non-Recoverable — ANS-WWa, Expenses — Operating 42, An Operating Expense can have a different % Recaverable in the Expenses — Operating tab than it does in an Expense Group. a. True b, alse —- ANS-WWa, True In the Sensitivity Analysis scetion, Batch Update allows a user to update a current scanario or to create a brand new one. a, Truc b, False - ANS-WWa. Truc 44, In Space Absorption, if a user has 20,000 SI of vacant space and creates leases that arc 6,000 SI in size, how many Ieascs will be generated and what size will they 1,000 SF each c, 4 Leases; 3 at 6,000 SF 3 3 at 6,000 SI be? a, 5 Leases; 4,000 SF each b, 4 Lease and 1 at 2,000 and 1 at 2,000 SI 45, It is NOT possible to enter in a mid-month lease start date. a, True b. False — ANS-W wb. False 46 which of the following is NOT included in the ixed " casing Commissions calculation ? a, Base Rent b. Step Rent c. Free Rent d. CPI Rent — ANS-Wwd, CPI Rent 47, What docs the Available Date represent in the Tenants — Rent Roll? a. The date the space is available to lease b. The date the Iease is executed c. The date the lease cammences — ANS-WWa, The date the space is available to lease 48, In the Rent Roll, which of the following is an option fram the Recovery Structure drop-down. a. Nane b. Nel c, Fixed Amount d. All of the Above — ANS-Wwd. All of the Above 49, If 3 is entered into the ree Rent field in the Tenants—Rent Roll, the tenant will receive: a. 3 Months of Free Rent at the beginning of cach lease year b. 3 Months of l'ree Rent at the beginning of the first lease year c. 1 Month of Free Rent at the beginning of each lease year for three years - ANS-Wwb. 3 Months of Free Rent at the beginning of the first lease year 
