ARGUS ENTERPRISE CERTIFICATION
REVIEW PRACTICE EXAMINATION 2026
QUESTIONS WITH ANSWERS GRADED A+
◍ The Batch Update allows a user to model several changes simultaneously
instead of performing each individual adjustment.A) TrueB) False.
Answer: A) True
◍ When using an Available date that is before the Start date, the loss in
potential rent (Base Rental Revenue) can be shown on which report?A)
Lease AuditB) Tenant Cash FlowC) Executive Summary D) Recovery
Audit.
Answer: A) Lease Audit
◍ Assuming 0.0% occupancy, calculate the Vending Machine revenue in Year
1 of the analysis.A) $0B) $6,500C) $7,800D) $13,000.
Answer: A) $0
◍ 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 (Year 1):
$100SF/YearRenewal Market Rent (Year 1): $75/SF/Year
A. $75/SF/Year
B. $78.75/SF/Year
C. $87.50/SF/Year
D. $91.88/SF/Year.
Answer: B. $78.75/SF/Year
◍ While running a 7-year analysis on a property with a 30-year debt note in
ARGUS Enterprise, the note will _______ at the end of the projection.A)
AmortizeB) BallonC) DeleteD) Mature.
, Answer: B) Balloon
◍ 3- What is the cpi inflation rate in 2024 relevant info from book (pg 47):
market rent in 2022 is 15cpi inflation rate is shown across the board as 0%.
Answer: 0.00%
◍ What will LB Corporation pay for reimbursements in 2017?A) $0B)
$34,561C) $33,012D) 34,298.
Answer: C) $33,012
◍ Which report displays New Market, Renewal Market and Weighted Average
results?A) Market Pricing ReportB) Calculation Review Details ReportC)
Assumptions ReportD) None of the Above..
Answer: C) Assumptions Report
◍ Which report within Portfolio Levels Reports will show individual property
information that makes up the selected cash flow totals?A) Cash FlowB)
DashboardC) Cash Flow DetailD) Cash Flow Comparison.
Answer: C) Cash Flow Detail
◍ 3- When calculating a market leasing profile with the upon expiration set to
renew, enterprise ________.
Answer: assumes a 100% renewal
◍ Calculate the Operating Expense amount that will appear on the Cash Flow
from the following assumptions: Expense Amount: $100,000% Variable:
25%Occupancy: 50%
A. $100,000
B. $87,500
C. $75,000
D. $62,500.
Answer: B. $87,500
◍ Assume that a property's 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?
A. $30,000
, B. $40,000
C. $46,000
D. $50,000.
Answer: D. $50,000
◍ Use the Following to answer questions 26-28:(See Page 265 of AE Manual
for data)- LB Corporation signed a 3 year lease with a commencement date
of January 2016-LB Corporation will occupy 100% of the property.- LB
Corporation will reimburse expenses according to a Base Year Stop
structureWhat will LB Corporation pay for reimbursements in 2016?A)
$0B) $ 212,100C) $474,240D) $420,101.
Answer: A) $0
◍ What is the default calculation formula for Chargeable Sales?A) Base Rent /
Sales %B) Chargeable Sales x Sales %C) Sales % x Sales VolumeD) Sales
Volume - Breakpoint.
Answer: D) Sales Volume - Breakpoint
◍ What is the default formula for Free Rent?A) Base Rent + CPIB) Base Rent
+ Fixed Steps + CPIC) CPI + Fixed StepsD) None of the above..
Answer: B) Base Rent + Fixed Steps + CPI
◍ The Upon Expiration field within the Market Leasing profile allows users to
select a different Market Leasing profile to be used after the first Market
Leasing term is over.A) TrueB) False.
Answer: A) True
◍ Which is a benefit to utilizing a Chart of Accounts?A) Easier to track
Revenues/ExpensesB) Standardizes portfolio for names of all
Expenses/RevenuesC) Helps with accounting system integration.D) All of
the Above.
Answer: D) All of the Above
◍ To indicate that an expense should not be included in the cash flow
projection nor used in the calculation of the NOI, select ________.A) % of
Other B) Ref AcctC) MemoD) Reference Only.
REVIEW PRACTICE EXAMINATION 2026
QUESTIONS WITH ANSWERS GRADED A+
◍ The Batch Update allows a user to model several changes simultaneously
instead of performing each individual adjustment.A) TrueB) False.
Answer: A) True
◍ When using an Available date that is before the Start date, the loss in
potential rent (Base Rental Revenue) can be shown on which report?A)
Lease AuditB) Tenant Cash FlowC) Executive Summary D) Recovery
Audit.
Answer: A) Lease Audit
◍ Assuming 0.0% occupancy, calculate the Vending Machine revenue in Year
1 of the analysis.A) $0B) $6,500C) $7,800D) $13,000.
Answer: A) $0
◍ 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 (Year 1):
$100SF/YearRenewal Market Rent (Year 1): $75/SF/Year
A. $75/SF/Year
B. $78.75/SF/Year
C. $87.50/SF/Year
D. $91.88/SF/Year.
Answer: B. $78.75/SF/Year
◍ While running a 7-year analysis on a property with a 30-year debt note in
ARGUS Enterprise, the note will _______ at the end of the projection.A)
AmortizeB) BallonC) DeleteD) Mature.
, Answer: B) Balloon
◍ 3- What is the cpi inflation rate in 2024 relevant info from book (pg 47):
market rent in 2022 is 15cpi inflation rate is shown across the board as 0%.
Answer: 0.00%
◍ What will LB Corporation pay for reimbursements in 2017?A) $0B)
$34,561C) $33,012D) 34,298.
Answer: C) $33,012
◍ Which report displays New Market, Renewal Market and Weighted Average
results?A) Market Pricing ReportB) Calculation Review Details ReportC)
Assumptions ReportD) None of the Above..
Answer: C) Assumptions Report
◍ Which report within Portfolio Levels Reports will show individual property
information that makes up the selected cash flow totals?A) Cash FlowB)
DashboardC) Cash Flow DetailD) Cash Flow Comparison.
Answer: C) Cash Flow Detail
◍ 3- When calculating a market leasing profile with the upon expiration set to
renew, enterprise ________.
Answer: assumes a 100% renewal
◍ Calculate the Operating Expense amount that will appear on the Cash Flow
from the following assumptions: Expense Amount: $100,000% Variable:
25%Occupancy: 50%
A. $100,000
B. $87,500
C. $75,000
D. $62,500.
Answer: B. $87,500
◍ Assume that a property's 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?
A. $30,000
, B. $40,000
C. $46,000
D. $50,000.
Answer: D. $50,000
◍ Use the Following to answer questions 26-28:(See Page 265 of AE Manual
for data)- LB Corporation signed a 3 year lease with a commencement date
of January 2016-LB Corporation will occupy 100% of the property.- LB
Corporation will reimburse expenses according to a Base Year Stop
structureWhat will LB Corporation pay for reimbursements in 2016?A)
$0B) $ 212,100C) $474,240D) $420,101.
Answer: A) $0
◍ What is the default calculation formula for Chargeable Sales?A) Base Rent /
Sales %B) Chargeable Sales x Sales %C) Sales % x Sales VolumeD) Sales
Volume - Breakpoint.
Answer: D) Sales Volume - Breakpoint
◍ What is the default formula for Free Rent?A) Base Rent + CPIB) Base Rent
+ Fixed Steps + CPIC) CPI + Fixed StepsD) None of the above..
Answer: B) Base Rent + Fixed Steps + CPI
◍ The Upon Expiration field within the Market Leasing profile allows users to
select a different Market Leasing profile to be used after the first Market
Leasing term is over.A) TrueB) False.
Answer: A) True
◍ Which is a benefit to utilizing a Chart of Accounts?A) Easier to track
Revenues/ExpensesB) Standardizes portfolio for names of all
Expenses/RevenuesC) Helps with accounting system integration.D) All of
the Above.
Answer: D) All of the Above
◍ To indicate that an expense should not be included in the cash flow
projection nor used in the calculation of the NOI, select ________.A) % of
Other B) Ref AcctC) MemoD) Reference Only.
