Argus Certification Exam Questions
and 100% Correct Answers
Once a Property Asset Type is selected it cannot be changed (T/F) - Answer-False
The Analysis Begin date defaults to the current Month and Year (T/F) - Answer-True
Which of the following is a classification type in AE? Select all that apply.
a. Property
b. Tenant
c. Region
d. Lease - Answer-a. Property
b. Tenant
Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F) - Answer-
True
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex
d. .aeix - Answer-b. avux
To take a property out of read-only mode, the ______________ button must be
selected from the Ribbon.
a. Refresh
b. Ellipses
c. Check In/Out Property
d. Edit Property - Answer-d. Edit Property
What should be selected as the 'How Input' method in order for the 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 - Answer-c. % of Other
, 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 & Down
b. Copy to End
c. Copy Column to End
d. Column - Answer-c. Copy Column to End
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
The Upon Expiration field within the Market Leasing profile allows us to select any
overrides for past terms (T/F) - Answer-False
The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the
______________________, when using CAP NOI (12 Months After Sale). - Answer-
Cap Rate
Tenant Improvements/Leasing Commissions can be subtracted out of the Resale
calculation (T/F) - Answer-True
Parameters for the Discount Rate Change Interval on the IRR Matrix report can be
changed in the _________________ tab? - Answer-Assumptions
Within the Investments tab, the _______________________ tab is used to calculate
notes outside of the AE system. - Answer-Other Debt
By default, ARGUS Enterprise calculates loans on a 12 month basis (T/F) - Answer-
True
Enter Other Debt information into the Valuation tab (T/F) - Answer-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) - Answer-
When entering an Available Date prior to the Start Date within the Rent Roll - Answer-
Net - Answer-All recoverable expenses are paid by the tenant based on their
proportionate share of the building area.
and 100% Correct Answers
Once a Property Asset Type is selected it cannot be changed (T/F) - Answer-False
The Analysis Begin date defaults to the current Month and Year (T/F) - Answer-True
Which of the following is a classification type in AE? Select all that apply.
a. Property
b. Tenant
c. Region
d. Lease - Answer-a. Property
b. Tenant
Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F) - Answer-
True
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex
d. .aeix - Answer-b. avux
To take a property out of read-only mode, the ______________ button must be
selected from the Ribbon.
a. Refresh
b. Ellipses
c. Check In/Out Property
d. Edit Property - Answer-d. Edit Property
What should be selected as the 'How Input' method in order for the 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 - Answer-c. % of Other
, 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 & Down
b. Copy to End
c. Copy Column to End
d. Column - Answer-c. Copy Column to End
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
The Upon Expiration field within the Market Leasing profile allows us to select any
overrides for past terms (T/F) - Answer-False
The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the
______________________, when using CAP NOI (12 Months After Sale). - Answer-
Cap Rate
Tenant Improvements/Leasing Commissions can be subtracted out of the Resale
calculation (T/F) - Answer-True
Parameters for the Discount Rate Change Interval on the IRR Matrix report can be
changed in the _________________ tab? - Answer-Assumptions
Within the Investments tab, the _______________________ tab is used to calculate
notes outside of the AE system. - Answer-Other Debt
By default, ARGUS Enterprise calculates loans on a 12 month basis (T/F) - Answer-
True
Enter Other Debt information into the Valuation tab (T/F) - Answer-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) - Answer-
When entering an Available Date prior to the Start Date within the Rent Roll - Answer-
Net - Answer-All recoverable expenses are paid by the tenant based on their
proportionate share of the building area.
