ARGUS CERT. MEGA COMPREHENSIVE EXAM REVIEW
QUESTIONS AND ANSWERS FOR ACADEMIC SUCCESS
2025–2026
Once a Property Asset Type is selected it cannot be changed. - correct answer -False
The Analysis Begin date defaults to the current month and year. - 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? - correct
answer -Control Panel
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
What default elements are included in Free Rent? - correct answer -CPI Rent, Base Rent, Step
Rent
Step Rent increases can be applied in the Step Rent field or in the Base Rent varies window. -
correct answer -True
What property types will have the Percentage Rent fields? - correct answer -Retail, Mixed Use
(that include retail)
If the Upon Expiration for the "Retail Profile" Market Leasing profile is set to "Office Profile" how
will that change the cash flow? - correct answer -The Cash Flow will use office market data after
the retail profile is done.
,If there is 20,000 SF of vacant space entered in the space absorption tab, how many leases will
be created if the average lease area is 3,000 SF? - correct answer -7
A tenant can have multiple recovery structures applied to their lease... - correct answer -False
Detailed recovery structures can be assigned to market leasing profiles in the tenant - recoveries
tab. - correct answer -False
Tenants can belong to multiple tenant groups. - correct answer -True
Assume that a property's CAM expense is $30,000 per year and 60% fixed. The occupancy of the
property is 70% and reimbursable expenses are grossed up to 100%. What is the operating
expense amount that is eligible to be used in recovery calculations? - correct answer -???
True or false: The analysis begin date defaults to the current month and year - correct answer -
true
Common area maintenance (CAM) is $100,000 and is 50% fixed. Occupancy is 75%. What dollar
amount should be entered in the Amount1 field? - correct answer -$100,000
What default elements are included in Free rent?
-base rent
-percentage rent
-CPI rent
-recoveries
-step rent
, -miscellaneous rent - correct answer --base
-step
-CPI
When calculating a market leasing profile with the Upon Expiration set to renewal, ARGUS
enterprise __________. - correct answer -assumes a 100% renewal
True or false: The upon expiration field within the market leasing profile allows us to select any
overrides for past terms. - correct answer -false
True or false: Once a property asset type is selected it cannot be changed. - correct answer -
false
True or false: Step rent increases can be applied in the step rent field or in the base rent varies
window. - correct answer -true
What property types will have the percentage rent fields?
-office
-industrial
-retail
-hotel
-multifamily
-mixed use (that include retail) - correct answer --retail
-mixed use (that include retail)
If the upon expiration for the "retail profile" market leasing profile is set to "office profile" how
will that change the cash flow? - correct answer -the cash flow will use office market data after
the retail profile is done
QUESTIONS AND ANSWERS FOR ACADEMIC SUCCESS
2025–2026
Once a Property Asset Type is selected it cannot be changed. - correct answer -False
The Analysis Begin date defaults to the current month and year. - 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? - correct
answer -Control Panel
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
What default elements are included in Free Rent? - correct answer -CPI Rent, Base Rent, Step
Rent
Step Rent increases can be applied in the Step Rent field or in the Base Rent varies window. -
correct answer -True
What property types will have the Percentage Rent fields? - correct answer -Retail, Mixed Use
(that include retail)
If the Upon Expiration for the "Retail Profile" Market Leasing profile is set to "Office Profile" how
will that change the cash flow? - correct answer -The Cash Flow will use office market data after
the retail profile is done.
,If there is 20,000 SF of vacant space entered in the space absorption tab, how many leases will
be created if the average lease area is 3,000 SF? - correct answer -7
A tenant can have multiple recovery structures applied to their lease... - correct answer -False
Detailed recovery structures can be assigned to market leasing profiles in the tenant - recoveries
tab. - correct answer -False
Tenants can belong to multiple tenant groups. - correct answer -True
Assume that a property's CAM expense is $30,000 per year and 60% fixed. The occupancy of the
property is 70% and reimbursable expenses are grossed up to 100%. What is the operating
expense amount that is eligible to be used in recovery calculations? - correct answer -???
True or false: The analysis begin date defaults to the current month and year - correct answer -
true
Common area maintenance (CAM) is $100,000 and is 50% fixed. Occupancy is 75%. What dollar
amount should be entered in the Amount1 field? - correct answer -$100,000
What default elements are included in Free rent?
-base rent
-percentage rent
-CPI rent
-recoveries
-step rent
, -miscellaneous rent - correct answer --base
-step
-CPI
When calculating a market leasing profile with the Upon Expiration set to renewal, ARGUS
enterprise __________. - correct answer -assumes a 100% renewal
True or false: The upon expiration field within the market leasing profile allows us to select any
overrides for past terms. - correct answer -false
True or false: Once a property asset type is selected it cannot be changed. - correct answer -
false
True or false: Step rent increases can be applied in the step rent field or in the base rent varies
window. - correct answer -true
What property types will have the percentage rent fields?
-office
-industrial
-retail
-hotel
-multifamily
-mixed use (that include retail) - correct answer --retail
-mixed use (that include retail)
If the upon expiration for the "retail profile" market leasing profile is set to "office profile" how
will that change the cash flow? - correct answer -the cash flow will use office market data after
the retail profile is done
