ARGUS Certification Exam Questions and Answers Updated (Actual Exam) 2026 Latest Version

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ARGUS Certification Exam Questions
and Answers Updated (Actual Exam)
2026 Latest Version
1. True or False: ARGUS Enterprise merges three industry-
standard solutions: ARGUS Valuation - DCF, ARGUS Asset
Management, and ARGUS Valuation - Capitalization.
Answer: True
2. True or False: In ARGUS Enterprise, you can utilize
shortcut keyboard commands to navigate within certain
sections of the program.
Answer: True
3. True or False: A user can add over 100 properties to a
single portfolio in ARGUS Enterprise.
Answer: True
4. What is a benefit of utilizing a Chart of Accounts?
A) Easier to track Revenues/Expenses
B) Standardizes portfolio naming for all Expenses/Revenues
C) Helps with accounting system integration
D) All of the Above
Answer: D) All of the Above
5. True or False: In ARGUS Enterprise, you can only assign
one Chart of Accounts to a Portfolio.
Answer: True

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6. True or False: The "Discard Changes" option will discard
only the last change you have made to the property
record.
Answer: False (it typically discards all unsaved changes)
7. True or False: Only users with appropriate permissions can
access all of the features in the Control Panel.
Answer: True
8. To lock down a specific property and restrict who can edit
it, click the button located in the ARGUS Enterprise
Ribbon bar.
A) Modeling Policies
B) Calculate As
C) Check Out Property
D) Details
Answer: C) Check Out Property
9. True or False: You can import and/or export v15 DCF
files from ARGUS Enterprise.
Answer: True
10. The Expense Inflation Rate will be the default
percentage for:
A) Operating Expenses
B) Non-operating Expenses
C) Capital Expenses
D) All of the Above
Answer: D) All of the Above
11. True or False: Every inflation category must be
given a number or it will default to the General
Inflation Rate.

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Answer: False (some categories may behave
differently; check defaults)
12. Scenario: Revenues - Miscellaneous - Vending
Machine:
$13,000 Annually, 0% Fixed. Building Size: 60,000 SF.
Inflation: 3.5%. Assuming 60% occupancy, what is the
Vending Machine revenue in Year 1?
A) $0
B) $6,500
C) $7,800
D) $13,000
Answer: C) $7,800 (60% of $13,000)
13. Using the same scenario as above, assuming 0%
occupancy, what is the Vending Machine revenue in Year
1?
Answer: $0

14. Using the same scenario, assuming 100% occupancy,
what is the Vending Machine revenue in Year 1?
Answer: $13,000
15. Scenario: A $60,000 Capital Expense is scheduled for
March 2021. Inflation is 3.0% in 2019 and 2020, with no
inflation after that. What amount will appear on the Cash
Flow? (Options
typically test proper inflation application.)
Answer: Approximately $63,654 (exact value depends on
precise timing; practice inflating step-by-step in the
software).
Questions16.
In ARGUS Enterprise, Market Leasing Profiles (MLPs) are
primarily used to:

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A) Model existing tenant leases only
B) Automatically generate renewal assumptions for vacant
space and lease expirations
C) Track historical leasing data
D) Replace the need for manual tenant entries
Answer: B) Automatically generate renewal assumptions for
vacant space and lease expirations
Question 17. True or False: You can assign different Market
Leasing Profiles to different property types or units within the
same property.
Answer: True
Question 18. When creating a new tenant lease, the “Lease
Type” field determines:
A) Only the rent structure
B) The accounting treatment and how
revenues/expenses are categorized
C) The inflation rate applied to the lease
D) The security deposit amount
Answer: B) The accounting treatment and how
revenues/expenses are categorized
Question 19. A tenant has a Base Year Expense Stop. This means
the tenant will reimburse expenses:
A) Above the expenses in the first year of the lease
B) Only for capital expenses