Comprehensive Argus Certification Exam Prep
Guide | 180 Practice Questions with Detailed
Explanations and Verified Solutions | Fully Updated
for 2025
Once a Property Asset Type is selected it cannot be changed T/F? - ✔✔False
The Analysis Begin date defaults to the current Month and Year T/F? - ✔✔True
Which section in the Navigation Pane allows users to update a variety of different settings ranging from
Managing Users to Data Import Validation Rules to Report Settings?
A) Property Portfolios
B) Global Categories
C) Help
D) Control Panel - ✔✔D
Which of the Portfolio Application Tabs is best described by the following statement? This application
allows users to create and view analytical charts and graphs based on a combination of properties from
the portfolio?
A) Portfolio Details
B) Scenarios
C) Reports
D) Analysis - ✔✔D
What is the extension of a property asset file in ARGUS Enterprise?
A) .sf
b) .avux
,C) .aeex
D) .aeix - ✔✔B
saves the updates to the property asset model to the database. If a calculation has been
performed, it also saves the latest calculation results.
A) Refresh
B) Save Property to File
C) Check In/Out Property
D) Save Property - ✔✔D
What should be selected as the 'How Input' method for revenue or expense to be based on a
percentage of other cash flow items in the property?
A) Amount 1
B) Sub-lines
C) % of Other
D) Currency Amount / Vacant Area - ✔✔C
Common Area Maintenance (CAM) is $100,000 and is 50% fixed. Occupancy is 75%.
A) What dollar amount should be entered in the Amount1 field?
B) What will be the actual expense on the Cash Flow for CAM? - ✔✔A) $100,000
B) $87,500
[ 100,000 x 50% Fixed] + [100,000 x 50% Variable x 75% Occupied]
Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
A) What dollar amount should be entered in the Amount1 field?
,B) What will be the actual expense on the Cash Flow for insurance? - ✔✔A) $80,000
B) $80,000
[80,000 x 100% Fixed] + [80,000 x 0% variable x 85% Occupied]
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 Amount1 Varies window?
A) Copy across and Down
B) Copy to End
C) Copy Column to End
D) Column - ✔✔C
Market rent is $15.00 / SF / Year in 2020.
What is the Market Rent in 2023 (2021 5% Inf., 2022 5% Inf., 2023 3% Inf.)?
A) 17.17
B) 17.03
C) 17.52
D) 17.81 - ✔✔B
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. - ✔✔D
, The Upon Expiration field within the Market Leasing profile allows us to select any overrides for past
terms T/F? - ✔✔False
When you have a one-time increase, or an increase that happens at different increments or times, utilize
the Fixed Steps Unit Column T/F? - ✔✔B
When entering an Available Date prior to the Start Date within the Rent Roll, ARGUS Enterprise will
assume:
A) The space is not available until the start date
B) The space is available, but vacant until the Start Date.
C) The space is occupied until the Start Date
D) None of the Above. - ✔✔B
The Analysis Start Date is January 2020. A tenant's lease start date is Match 2020. If we want to show
the Lost Absorption / Turnover Rent for this tenant, what would be entered in the following fields?
Available Date Field:
Start Date Field: - ✔✔Available: Jan 2020
Start: March 2020
The Lost Absorption / Turnover Rent being reported for the months prior to a lease start will appear on
the individual Tenant Cash Flow / LPV report T/F? - ✔✔False
The General Vacancy calculation frequency can be monthly or annually T/F? - ✔✔True
Calculate Utilities expense, using the following assumptions .
* Property size = 35,000 SF
* Utilities Expense = $0.15 / SF / Year, 35.0% Fixed
Guide | 180 Practice Questions with Detailed
Explanations and Verified Solutions | Fully Updated
for 2025
Once a Property Asset Type is selected it cannot be changed T/F? - ✔✔False
The Analysis Begin date defaults to the current Month and Year T/F? - ✔✔True
Which section in the Navigation Pane allows users to update a variety of different settings ranging from
Managing Users to Data Import Validation Rules to Report Settings?
A) Property Portfolios
B) Global Categories
C) Help
D) Control Panel - ✔✔D
Which of the Portfolio Application Tabs is best described by the following statement? This application
allows users to create and view analytical charts and graphs based on a combination of properties from
the portfolio?
A) Portfolio Details
B) Scenarios
C) Reports
D) Analysis - ✔✔D
What is the extension of a property asset file in ARGUS Enterprise?
A) .sf
b) .avux
,C) .aeex
D) .aeix - ✔✔B
saves the updates to the property asset model to the database. If a calculation has been
performed, it also saves the latest calculation results.
A) Refresh
B) Save Property to File
C) Check In/Out Property
D) Save Property - ✔✔D
What should be selected as the 'How Input' method for revenue or expense to be based on a
percentage of other cash flow items in the property?
A) Amount 1
B) Sub-lines
C) % of Other
D) Currency Amount / Vacant Area - ✔✔C
Common Area Maintenance (CAM) is $100,000 and is 50% fixed. Occupancy is 75%.
A) What dollar amount should be entered in the Amount1 field?
B) What will be the actual expense on the Cash Flow for CAM? - ✔✔A) $100,000
B) $87,500
[ 100,000 x 50% Fixed] + [100,000 x 50% Variable x 75% Occupied]
Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
A) What dollar amount should be entered in the Amount1 field?
,B) What will be the actual expense on the Cash Flow for insurance? - ✔✔A) $80,000
B) $80,000
[80,000 x 100% Fixed] + [80,000 x 0% variable x 85% Occupied]
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 Amount1 Varies window?
A) Copy across and Down
B) Copy to End
C) Copy Column to End
D) Column - ✔✔C
Market rent is $15.00 / SF / Year in 2020.
What is the Market Rent in 2023 (2021 5% Inf., 2022 5% Inf., 2023 3% Inf.)?
A) 17.17
B) 17.03
C) 17.52
D) 17.81 - ✔✔B
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. - ✔✔D
, The Upon Expiration field within the Market Leasing profile allows us to select any overrides for past
terms T/F? - ✔✔False
When you have a one-time increase, or an increase that happens at different increments or times, utilize
the Fixed Steps Unit Column T/F? - ✔✔B
When entering an Available Date prior to the Start Date within the Rent Roll, ARGUS Enterprise will
assume:
A) The space is not available until the start date
B) The space is available, but vacant until the Start Date.
C) The space is occupied until the Start Date
D) None of the Above. - ✔✔B
The Analysis Start Date is January 2020. A tenant's lease start date is Match 2020. If we want to show
the Lost Absorption / Turnover Rent for this tenant, what would be entered in the following fields?
Available Date Field:
Start Date Field: - ✔✔Available: Jan 2020
Start: March 2020
The Lost Absorption / Turnover Rent being reported for the months prior to a lease start will appear on
the individual Tenant Cash Flow / LPV report T/F? - ✔✔False
The General Vacancy calculation frequency can be monthly or annually T/F? - ✔✔True
Calculate Utilities expense, using the following assumptions .
* Property size = 35,000 SF
* Utilities Expense = $0.15 / SF / Year, 35.0% Fixed