ARGUS CERTIFICATION FINAL EXAM PRACTICE QUESTIONS
WITH VERIFIED ANSWERS UPDATED 2025–2026
Once a property asset type is selected it cannot be changed. (T/F) - correct answer -False
The analysis begin date defaults to the current month and year. (T/F) - correct answer -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. Portfolio Details
b. Scenerios
c. Reports.
d. Analysis - correct answer -d. Analysis
What should b selected as the 'How Input' method 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 - correct answer -c. % of other
CAM is $100,000 and is 50% fixed. Occupancy is 75%. What will be the actual expense on the
Cash Flow for CAM? - correct answer -{(100,000 x 50% fixed) + ($100,000 x 50% variable x 75%
occupied)}
= 87,500
,Insurance is $80,000 and is 100% fixed. Occupancy is 85%. What will be the actual expense on
the Cash Flow for Insurance? - correct answer -{(80,000 x 100% fixed) + (80,000 x 0% variable x
85% occupied)}
= 80,000
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 & Down
b. Copy to End
c. Copy to Column to End
d. Column - correct answer -c. Copy Column to End
The Active field allows a user to enable or disable a tenant as a reference record. Yes is included
in the calculation, no is excluded - correct answer -Key Concept
Leasing Commission Calculation - correct answer -LC = [((Base Rent + Step Rent - Free Rent) x
YR1 LC%) +(Base Rent + Step Rent - Free Rent) x YR2 LC%) +...
The default entry of 100% in the improvements/commissions timing field indicates that the
entire improvements/commissions payment should occur in month one of the lease. However,
the amount can be distributed across the lease term by entering the percentage to be paid each
month. - correct answer -Key Concept
To access the Rent Roll screen when the Input window is activated, use the shortcut key Ctrl + R
- correct answer -Key Concept
Blended Market Calculation - correct answer -New x (%) + Renew x (%) = Blended Market
, Months vacant will display as 1.5 months in the Assumptions Report, but AE will round up/down
to the nearest whole month for actual downtime. - correct answer -Key Concept
When calculating a Market Leasing profile with the Upon Expiration set to Renew, Enterprise
_____________.
a. Assumes a 0% renewal
b. Takes a weighted average
c. Assumes the space goes dark
d. Assumes a 100% renewal - correct answer -Assumes a 100% renewal
The upon expiration field within the Market Leasing profile allows us to select any overides for
the past terms. (T/F) - correct answer -False
Tenants can have Base, Step, Rent Review and or Outstanding Review increases applied in the
Rental Income tab. - correct answer -Key Concept
Fixed steps should only be entered in this field if the steps is to occur every lease anniversary at
the same step amount. Any variation from that needs to be entered in the Rent Schedule by
clicking Base Rent ellipsis. - correct answer -Key Concept
When entering an amount n the Months Vacant Overide field, there will be no blending based
upon renewal probability. Argus Enterprise will return to using the entry in the Months Vacant
field in the Market Leasing profile for subsequent rollovers. - correct answer -Key Concept
When in the reports tab, hitting F11 will automatically open the 'Reports Options' window
specific to the report that is currently active. - correct answer -Key Concept
In the Modeling Policies - General tab, there is an option to "Round Market Lease to start on the
first day of the month" and this option is selected by default. A user can choose to start market
WITH VERIFIED ANSWERS UPDATED 2025–2026
Once a property asset type is selected it cannot be changed. (T/F) - correct answer -False
The analysis begin date defaults to the current month and year. (T/F) - correct answer -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. Portfolio Details
b. Scenerios
c. Reports.
d. Analysis - correct answer -d. Analysis
What should b selected as the 'How Input' method 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 - correct answer -c. % of other
CAM is $100,000 and is 50% fixed. Occupancy is 75%. What will be the actual expense on the
Cash Flow for CAM? - correct answer -{(100,000 x 50% fixed) + ($100,000 x 50% variable x 75%
occupied)}
= 87,500
,Insurance is $80,000 and is 100% fixed. Occupancy is 85%. What will be the actual expense on
the Cash Flow for Insurance? - correct answer -{(80,000 x 100% fixed) + (80,000 x 0% variable x
85% occupied)}
= 80,000
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 & Down
b. Copy to End
c. Copy to Column to End
d. Column - correct answer -c. Copy Column to End
The Active field allows a user to enable or disable a tenant as a reference record. Yes is included
in the calculation, no is excluded - correct answer -Key Concept
Leasing Commission Calculation - correct answer -LC = [((Base Rent + Step Rent - Free Rent) x
YR1 LC%) +(Base Rent + Step Rent - Free Rent) x YR2 LC%) +...
The default entry of 100% in the improvements/commissions timing field indicates that the
entire improvements/commissions payment should occur in month one of the lease. However,
the amount can be distributed across the lease term by entering the percentage to be paid each
month. - correct answer -Key Concept
To access the Rent Roll screen when the Input window is activated, use the shortcut key Ctrl + R
- correct answer -Key Concept
Blended Market Calculation - correct answer -New x (%) + Renew x (%) = Blended Market
, Months vacant will display as 1.5 months in the Assumptions Report, but AE will round up/down
to the nearest whole month for actual downtime. - correct answer -Key Concept
When calculating a Market Leasing profile with the Upon Expiration set to Renew, Enterprise
_____________.
a. Assumes a 0% renewal
b. Takes a weighted average
c. Assumes the space goes dark
d. Assumes a 100% renewal - correct answer -Assumes a 100% renewal
The upon expiration field within the Market Leasing profile allows us to select any overides for
the past terms. (T/F) - correct answer -False
Tenants can have Base, Step, Rent Review and or Outstanding Review increases applied in the
Rental Income tab. - correct answer -Key Concept
Fixed steps should only be entered in this field if the steps is to occur every lease anniversary at
the same step amount. Any variation from that needs to be entered in the Rent Schedule by
clicking Base Rent ellipsis. - correct answer -Key Concept
When entering an amount n the Months Vacant Overide field, there will be no blending based
upon renewal probability. Argus Enterprise will return to using the entry in the Months Vacant
field in the Market Leasing profile for subsequent rollovers. - correct answer -Key Concept
When in the reports tab, hitting F11 will automatically open the 'Reports Options' window
specific to the report that is currently active. - correct answer -Key Concept
In the Modeling Policies - General tab, there is an option to "Round Market Lease to start on the
first day of the month" and this option is selected by default. A user can choose to start market
