ARGUS ENTERPRISE CERTIFICATION EXAM REVIEW QUESTIONS
FINAL EXAM PRACTICE QUESTIONS WITH VERIFIED ANSWERS
UPDATED 2025–2026
1- (T/F) Once a property asset type is selected it cannot be changed - correct answer -False. In
the DCF version you cant but in enterprise the asset type CAN be changed after its created
1- (T/F) The analysis begin date defaults to the current month and year - correct answer -True.
and 100 years is the longest analysis period
1- 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? - correct
answer -control panel
1- 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 - correct answer -analysis
2- What is the extension of a property asset file in argus enterprise? - correct answer -.avux
2- ________ saves the updates to the property asset model to the database. If a calculation has
been performed, it also saves the latest calculation results - correct answer -save property (you
do this under property view)
2- what should be selected as the 'how input' method for the revenue or expense to be based
on a percentage of other cash flow line items in the property? - correct answer -% of other.
example- management fee as % of effective gross revenue
2- Common area maintenance is $100,000 and is 50% fixed. Occupany is 75%.
,A. What dollar amount should be entered in the amount 1 field?
B. What will be the actual expense on the cash flow for CAM? - correct answer -A. 100,000
B. 87,500
work for B: (expense amount* % fixed) + (expense amount * % variable * % occupied)
(100,000 * .5) + (100,000 * .5 * .75) = 87,500
2- 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? - correct answer -A. 80,000
B. 80,000
2- 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? - correct answer -copy column to
end
3- What is the Market rent in 2025?
relevant info from book (pg 47):
market rent in 2022 is 15
market inflation rate is 5% in 2023 and 2024, then it is 3% in 2025, 2026 and 2027 - correct
answer -17.03
3- What is the cpi inflation rate in 2024
relevant info from book (pg 47):
market rent in 2022 is 15
cpi inflation rate is shown across the board as 0% - correct answer -0.00%
,3- When calculating a market leasing profile with the upon expiration set to renew, enterprise
________ - correct answer -assumes a 100% renewal
3- (T/F) The upon expiration field within the market leasing profile allows us to select any
overrides for past terms - correct answer -False
4- (T/F) When you have a one time increase, or an increase that happens at different increments
or times, utilize the fixed steps unit column - correct answer -False
4- When entering an available date prior to the start date within the rent roll, argus enterprise
will assume: - correct answer -the space is available, but vacant until the start date
4- The analysis start date is january 2022. A tenants lease start date is March 2022. If we want
to show the lost absorption/ turnover rent for this tenant, what would be entered in the
following fields?
A. Available date field:
B. Start date field: - correct answer -A. Jan 2022
B. March 2022
4- (T/F) 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 - correct answer -False
4- calc percentage rent
info from txt pg 88:
tenant size: 2,450 SF
tenant rent: $13 sf/year
4% sales %
sales amount: 950,000 - correct answer -$6150
, work:
sales volume - breakpoint * sales %
950,000- ( (2450*13)/4 )* 4%
$6150
4- The % of total rental revenue method is calculated by taking the scheduled base rent +
______ - correct answer -CPI Increases
4- (T/F) The general vacancy calculation frequency can be monthly or annually - correct answer
-true
4- What is the general vacancy for this building?
info from pg 89:
potential gross revenue: 9,600,000
absorption & turnover vacancy: 230,000
5% general vacancy - correct answer -261,500
work:
(pgr + absorption & turnover) * vacancy rate - absorption and turnover
(9600000 + 230000) * 5% - 230,000
261,500
5- Calculate the utilities expense, using the following assumptions
property size= 35,000 SF
utilities expense= 0.15/sf/year --> 35% fixed
occupancy= 80% - correct answer -(expenses * fixed%) + (expenses * variable % * occupancy %)
((35,000 * .15) * .35) + ((35,000 * .15) * .65 * .80)
FINAL EXAM PRACTICE QUESTIONS WITH VERIFIED ANSWERS
UPDATED 2025–2026
1- (T/F) Once a property asset type is selected it cannot be changed - correct answer -False. In
the DCF version you cant but in enterprise the asset type CAN be changed after its created
1- (T/F) The analysis begin date defaults to the current month and year - correct answer -True.
and 100 years is the longest analysis period
1- 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? - correct
answer -control panel
1- 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 - correct answer -analysis
2- What is the extension of a property asset file in argus enterprise? - correct answer -.avux
2- ________ saves the updates to the property asset model to the database. If a calculation has
been performed, it also saves the latest calculation results - correct answer -save property (you
do this under property view)
2- what should be selected as the 'how input' method for the revenue or expense to be based
on a percentage of other cash flow line items in the property? - correct answer -% of other.
example- management fee as % of effective gross revenue
2- Common area maintenance is $100,000 and is 50% fixed. Occupany is 75%.
,A. What dollar amount should be entered in the amount 1 field?
B. What will be the actual expense on the cash flow for CAM? - correct answer -A. 100,000
B. 87,500
work for B: (expense amount* % fixed) + (expense amount * % variable * % occupied)
(100,000 * .5) + (100,000 * .5 * .75) = 87,500
2- 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? - correct answer -A. 80,000
B. 80,000
2- 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? - correct answer -copy column to
end
3- What is the Market rent in 2025?
relevant info from book (pg 47):
market rent in 2022 is 15
market inflation rate is 5% in 2023 and 2024, then it is 3% in 2025, 2026 and 2027 - correct
answer -17.03
3- What is the cpi inflation rate in 2024
relevant info from book (pg 47):
market rent in 2022 is 15
cpi inflation rate is shown across the board as 0% - correct answer -0.00%
,3- When calculating a market leasing profile with the upon expiration set to renew, enterprise
________ - correct answer -assumes a 100% renewal
3- (T/F) The upon expiration field within the market leasing profile allows us to select any
overrides for past terms - correct answer -False
4- (T/F) When you have a one time increase, or an increase that happens at different increments
or times, utilize the fixed steps unit column - correct answer -False
4- When entering an available date prior to the start date within the rent roll, argus enterprise
will assume: - correct answer -the space is available, but vacant until the start date
4- The analysis start date is january 2022. A tenants lease start date is March 2022. If we want
to show the lost absorption/ turnover rent for this tenant, what would be entered in the
following fields?
A. Available date field:
B. Start date field: - correct answer -A. Jan 2022
B. March 2022
4- (T/F) 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 - correct answer -False
4- calc percentage rent
info from txt pg 88:
tenant size: 2,450 SF
tenant rent: $13 sf/year
4% sales %
sales amount: 950,000 - correct answer -$6150
, work:
sales volume - breakpoint * sales %
950,000- ( (2450*13)/4 )* 4%
$6150
4- The % of total rental revenue method is calculated by taking the scheduled base rent +
______ - correct answer -CPI Increases
4- (T/F) The general vacancy calculation frequency can be monthly or annually - correct answer
-true
4- What is the general vacancy for this building?
info from pg 89:
potential gross revenue: 9,600,000
absorption & turnover vacancy: 230,000
5% general vacancy - correct answer -261,500
work:
(pgr + absorption & turnover) * vacancy rate - absorption and turnover
(9600000 + 230000) * 5% - 230,000
261,500
5- Calculate the utilities expense, using the following assumptions
property size= 35,000 SF
utilities expense= 0.15/sf/year --> 35% fixed
occupancy= 80% - correct answer -(expenses * fixed%) + (expenses * variable % * occupancy %)
((35,000 * .15) * .35) + ((35,000 * .15) * .65 * .80)
