Argus Certification Exam 2026 |
Complete Practice Test & Verified
Answers
Question 1: What is the primary purpose of ARGUS Enterprise?
A) Property maintenance scheduling
B) Commercial real estate financial modeling and valuation
C) Tenant screening and background checks
D) Building inspection documentation
Correct ,,,,answer,,,: B
Rationale: ARGUS Enterprise is the industry-standard software used by
commercial real estate professionals for discounted cash flow (DCF)
analysis, property valuation, and investment return modeling .
Question 2: True or False: ARGUS Enterprise merges three industry
standard solutions: ARGUS Valuation-DCF, ARGUS Asset Management,
and ARGUS Valuation-Capitalisation.
A) True
B) False
Correct ,,,,answer,,,: A
Rationale: ARGUS Enterprise unified three previously separate legacy
products into a single platform, providing comprehensive functionality for
valuation, asset management, and capitalization analysis .
,Question 3: What is the file extension of a property asset file in ARGUS
Enterprise?
A) .sf
B) .avux
C) .aeex
D) .aeix
Correct ,,,,answer,,,: B
Rationale: ARGUS Enterprise property files use the .avux file extension,
which distinguishes them from older legacy formats like .av or .avxml .
Question 4: Once a Property Asset Type is selected, can it be changed
later?
A) Yes, it can be changed
B) No, it is permanent
Correct ,,,,answer,,,: A
Rationale: Property Asset Type can be changed after selection if needed
for the analysis .
Question 5: The Analysis Begin Date defaults to which date?
A) January 1 of current year
B) Current month and year
C) The date the file was last saved
D) User must manually enter each time
,Correct ,,,,answer,,,: B
Rationale: When creating a new property file, ARGUS Enterprise
automatically populates the Analysis Start Date with the current month
and year .
Question 6: Which button must be selected from the Ribbon to take a
property out of read-only mode?
A) Refresh
B) Ellipses
C) Check In/Out Property
D) Edit Property
Correct ,,,,answer,,,: D
Rationale: The "Edit Property" button toggles the file from read-only mode
to edit mode, preventing unintended modifications .
Question 7: Which of the following are classification types in Argus
Enterprise? (Select all that apply)
A) Property
B) Tenant
C) Region
D) Lease
Correct ,,,,answer,,,: A and B
Rationale: Property and Tenant are the primary classification types in
Argus Enterprise. Region is not a standard classification; Lease is a sub-
component of a Tenant .
, Question 8: Multiple properties can be opened simultaneously in
ARGUS Enterprise. (True/False)
A) True
B) False
Correct ,,,,answer,,,: A
Rationale: Argus Enterprise supports multi-property workflows, allowing
users to open and analyze multiple property files at once for portfolio-
level analysis .
Question 9: Which section in the Navigation Pane allows users to
update settings ranging from managing users to data import validation
rules to report settings?
A) Control Panel
B) Administration
C) System Settings
D) Preferences
Correct ,,,,answer,,,: A
Rationale: The Control Panel is the centralized location for system-wide
configuration, including user management, import validation rules, and
report settings .
Question 10: What is the function of the "Assay" or "External ID" field?
A) Linking Argus data to external accounting or ERP systems
Complete Practice Test & Verified
Answers
Question 1: What is the primary purpose of ARGUS Enterprise?
A) Property maintenance scheduling
B) Commercial real estate financial modeling and valuation
C) Tenant screening and background checks
D) Building inspection documentation
Correct ,,,,answer,,,: B
Rationale: ARGUS Enterprise is the industry-standard software used by
commercial real estate professionals for discounted cash flow (DCF)
analysis, property valuation, and investment return modeling .
Question 2: True or False: ARGUS Enterprise merges three industry
standard solutions: ARGUS Valuation-DCF, ARGUS Asset Management,
and ARGUS Valuation-Capitalisation.
A) True
B) False
Correct ,,,,answer,,,: A
Rationale: ARGUS Enterprise unified three previously separate legacy
products into a single platform, providing comprehensive functionality for
valuation, asset management, and capitalization analysis .
,Question 3: What is the file extension of a property asset file in ARGUS
Enterprise?
A) .sf
B) .avux
C) .aeex
D) .aeix
Correct ,,,,answer,,,: B
Rationale: ARGUS Enterprise property files use the .avux file extension,
which distinguishes them from older legacy formats like .av or .avxml .
Question 4: Once a Property Asset Type is selected, can it be changed
later?
A) Yes, it can be changed
B) No, it is permanent
Correct ,,,,answer,,,: A
Rationale: Property Asset Type can be changed after selection if needed
for the analysis .
Question 5: The Analysis Begin Date defaults to which date?
A) January 1 of current year
B) Current month and year
C) The date the file was last saved
D) User must manually enter each time
,Correct ,,,,answer,,,: B
Rationale: When creating a new property file, ARGUS Enterprise
automatically populates the Analysis Start Date with the current month
and year .
Question 6: Which button must be selected from the Ribbon to take a
property out of read-only mode?
A) Refresh
B) Ellipses
C) Check In/Out Property
D) Edit Property
Correct ,,,,answer,,,: D
Rationale: The "Edit Property" button toggles the file from read-only mode
to edit mode, preventing unintended modifications .
Question 7: Which of the following are classification types in Argus
Enterprise? (Select all that apply)
A) Property
B) Tenant
C) Region
D) Lease
Correct ,,,,answer,,,: A and B
Rationale: Property and Tenant are the primary classification types in
Argus Enterprise. Region is not a standard classification; Lease is a sub-
component of a Tenant .
, Question 8: Multiple properties can be opened simultaneously in
ARGUS Enterprise. (True/False)
A) True
B) False
Correct ,,,,answer,,,: A
Rationale: Argus Enterprise supports multi-property workflows, allowing
users to open and analyze multiple property files at once for portfolio-
level analysis .
Question 9: Which section in the Navigation Pane allows users to
update settings ranging from managing users to data import validation
rules to report settings?
A) Control Panel
B) Administration
C) System Settings
D) Preferences
Correct ,,,,answer,,,: A
Rationale: The Control Panel is the centralized location for system-wide
configuration, including user management, import validation rules, and
report settings .
Question 10: What is the function of the "Assay" or "External ID" field?
A) Linking Argus data to external accounting or ERP systems
