REVIEW CERTIFICATION SCRIPT 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◍ Calculate the Operating Expense shown on the Cash Flow from the
following assumptions:Expense Amount: $0.45/SF/YearProperty Size:
65,000 SF% Fixed: 45%Occupancy: 82%.
Answer: $26,354
◍ The percentage of the expense that is eligible to be recovered can be altered
for the entire property within the Expense tab..
Answer: True
◍ Which of the following Portfolio Application Tabs gives the ability to
calculate a variance between two different scenarios?a. Propertiesb.
Portfolio Detailsc. Scenariosd. Reports.
Answer: d. Reports
◍ The Present Value tab allows us to enter in a separate discount rate for the
Leveraged and Unleveraged Cash Flow as well as the Leverages and
Unleveraged Resale Rate..
Answer: True
◍ Assume a NOI of $946,250, cap rate of 10.5%, and a 3% selling costs.
Capitalize the NOI to determine the Net Sales Price..
Answer: $8,741,548
◍ The Expense Inflation Rate will be the default percentage for:a. Operating
Expensesb. Non-Operating Expensesc. Capital Expensesd. All of the above.
Answer: d. All of the above
◍ In the Tenants - Rent Roll sub-tab, the _______ field allows a user to enable
, or disable a tenant as a reference record..
Answer: Active
◍ Enter the Property Resale information in the _______________ tab..
Answer: Valuation
◍ __________ allows us to track who has been in the asset and what changes
have been made to that asset.a. XL4ADWb. Sensitivity Reportingc. Audit
Logd. Analysis Tab.
Answer: c. Audit Log
◍ When leases roll to the Market Leasing Profile, by default the rents do not
inflate during the rollover term..
Answer: True
◍ Enter Other Debt information into the Valuation tab.a. Trueb. False.
Answer: b. False
◍ When calculating a Market Leasing profile with the Upon Expiration set to
Renewal, Enterprise _____________. a. Assumes a 0% renewal.b. Takes a
weighted average.c. Assumes the space goes dark.d. Assumes a 100%
renewal..
Answer: d. Assumes a 100% renewal.
◍ To take a property out of read-only mode, the ___________ button must be
selected from the Ribbon.a. Refreshb. Ellipsesc. Check In/Out propertyd.
Edit Property.
Answer: d. Edit Property
◍ The Fixed Amount/Area Recovery Method is calculated as:.
Answer: The annual amount/area, based on Tenant Size, that will be paid by
the tenant each year.
◍ Using the information below, calculate the amount that is eligible for
recovery when using Gross Ups:Utilities Expense: $16,500% Fixed: 35%%
Occupied: 82%% Grossed Up: 90%.
Answer: $15,427.50
, ◍ ________________ is a solution for consolidating and reporting property,
tenant, portfolio, and scenario information contained within the ARGUS
Data Warehouse..
Answer: Portfolio Level Reporting
◍ In AE, a user can add over 100 properties into a portfolio.a. Trueb. False.
Answer: a. True
◍ The ______ option will allow a user to view and change the options used for
data entry and calculations in this property model..
Answer: Modeling Policies
◍ Enter any debt calculated outside of ARGUS Enterprise on the ________
tab under the Investment tab..
Answer: Other Debt
◍ Percentage Rent fields are only available when _____________ ..
Answer: Retail or Mixed Use that includes Retail
◍ To replicate a value in a specific month of each year during the project for a
specific expense, you must click which button in the Amount 1 Varies
window?a. Copy Across & Downb. Copy to Endc. Copy Column to Endd.
Column.
Answer: c. Copy Column to End
◍ sensitivity matrix.
Answer: Pg. 205
◍ Property Groups.
Answer: Pg. 181
◍ Sensitivity Ribbon.
Answer: Pgs 192-196
◍ Free Rent, by default, kicks in at the beginning of the __________..
Answer: Tenant's Lease Start Date
◍ Non-Operating Expenses will fall below the Net Operating Income line on