ARGUS CERTIFICATION LATEST 2026 EXAM FINAL PAPER
QUESTIONS AND ANSWERS GRADED A+
✔✔The percentage of the expense that is eligible to be recovered can be altered for the
entire property within the expense tab. T or F? - ✔✔T
✔✔What is the default formula for free rent? - ✔✔Base Rent + Fixed Steps + CPI
✔✔To indicate that an expense should not be included in the cash flow projection nor
used in the calculation of hte NOI, select ______ - ✔✔Reference Only
✔✔Every inflation category must be given a number, or it will default to the General
Inflation Rate. T or F? - ✔✔F
✔✔Assuming 60.0% occupancy, calculate the Vending Machine revenue in Year 1 of
the analysis. - ✔✔$7,800
✔✔The expense inflation rate will be the default percentage for: - ✔✔Operating
expenses
Non-Operating expenses
Capital Expenses
ALL OF THE ABOVE
✔✔Resale cap rate of 10%
Adjustments of 3%
Assuming a sale date of December 2020, what will be the net proceeds from sale if we
have a resale calculation that capitalizes the NOI 12 months after sale? (Rounded to the
nearest dollar) - ✔✔$3,921,351
✔✔Resale cap rate of 10%
Adjustments of 3%
Assuming a sale date of December 2020, what will be the net proceeds from sale if we
have a resale calculation that capitalizes the NOI of the sale year? - ✔✔$4,029,526
✔✔Actuals and budget information can be viewed on a: - ✔✔Monthly basis
Quarterly basis
Semi-Annually basis
Annually basis
ALL THE ABOVE.
, ✔✔To change the report interval setting, click the ___________ button. - ✔✔Reports
Tab
✔✔Step rent increases can be applied in the step rent field or in the base rent varies
window. T or F? - ✔✔T
✔✔If a tenants space is available, but sitting vacant before they move in and you want
to show that vacancy on reports, what do you need to enter in for the lease dates? -
✔✔That available data needs to be when the space is available and the start date
needs to be when the tenants lease begins.
✔✔Months vacant overrides will only affect the first rollover and there will be no
blending based upon the renewal probability. T or F? - ✔✔T
✔✔Different levels of detail can be set for the audit log in which portfolio application
tab? - ✔✔Portfolio Details
✔✔the batch update allows a user to model several changes simultaneously instead of
performing each indiviudual adjustment. T or F? - ✔✔T
✔✔What is the default calculation formula for chargeable sales? - ✔✔Sales Volume -
Breakpoint
✔✔_____________ is used in retail properties where tenants are expected to pay a
percentage of their sales to the property owner. - ✔✔Percentage Rent
✔✔When using an available date that is before the start date, the loss in potential rent
(base rental revenue) can be shown on which report? - ✔✔Lease audit
✔✔When creating a sensitivity scenario, changes to indivual properties may be made at
the top of the screen. T or F? - ✔✔F
✔✔Which report within portfolio level reports will show indiviudal property information
that makes up the selected cash flow totals? - ✔✔Cash Flow Detail
✔✔If actuals and budget data is entered manually, further updates can be made on the
data. If actuals and budget data is imported in from a 3rd party system, or by using
XL4ADW, manual updates cannot be made. T or F? - ✔✔T
✔✔Only one (1) debt note can be entered into ARGUS Enterprise. T or F? - ✔✔F
QUESTIONS AND ANSWERS GRADED A+
✔✔The percentage of the expense that is eligible to be recovered can be altered for the
entire property within the expense tab. T or F? - ✔✔T
✔✔What is the default formula for free rent? - ✔✔Base Rent + Fixed Steps + CPI
✔✔To indicate that an expense should not be included in the cash flow projection nor
used in the calculation of hte NOI, select ______ - ✔✔Reference Only
✔✔Every inflation category must be given a number, or it will default to the General
Inflation Rate. T or F? - ✔✔F
✔✔Assuming 60.0% occupancy, calculate the Vending Machine revenue in Year 1 of
the analysis. - ✔✔$7,800
✔✔The expense inflation rate will be the default percentage for: - ✔✔Operating
expenses
Non-Operating expenses
Capital Expenses
ALL OF THE ABOVE
✔✔Resale cap rate of 10%
Adjustments of 3%
Assuming a sale date of December 2020, what will be the net proceeds from sale if we
have a resale calculation that capitalizes the NOI 12 months after sale? (Rounded to the
nearest dollar) - ✔✔$3,921,351
✔✔Resale cap rate of 10%
Adjustments of 3%
Assuming a sale date of December 2020, what will be the net proceeds from sale if we
have a resale calculation that capitalizes the NOI of the sale year? - ✔✔$4,029,526
✔✔Actuals and budget information can be viewed on a: - ✔✔Monthly basis
Quarterly basis
Semi-Annually basis
Annually basis
ALL THE ABOVE.
, ✔✔To change the report interval setting, click the ___________ button. - ✔✔Reports
Tab
✔✔Step rent increases can be applied in the step rent field or in the base rent varies
window. T or F? - ✔✔T
✔✔If a tenants space is available, but sitting vacant before they move in and you want
to show that vacancy on reports, what do you need to enter in for the lease dates? -
✔✔That available data needs to be when the space is available and the start date
needs to be when the tenants lease begins.
✔✔Months vacant overrides will only affect the first rollover and there will be no
blending based upon the renewal probability. T or F? - ✔✔T
✔✔Different levels of detail can be set for the audit log in which portfolio application
tab? - ✔✔Portfolio Details
✔✔the batch update allows a user to model several changes simultaneously instead of
performing each indiviudual adjustment. T or F? - ✔✔T
✔✔What is the default calculation formula for chargeable sales? - ✔✔Sales Volume -
Breakpoint
✔✔_____________ is used in retail properties where tenants are expected to pay a
percentage of their sales to the property owner. - ✔✔Percentage Rent
✔✔When using an available date that is before the start date, the loss in potential rent
(base rental revenue) can be shown on which report? - ✔✔Lease audit
✔✔When creating a sensitivity scenario, changes to indivual properties may be made at
the top of the screen. T or F? - ✔✔F
✔✔Which report within portfolio level reports will show indiviudal property information
that makes up the selected cash flow totals? - ✔✔Cash Flow Detail
✔✔If actuals and budget data is entered manually, further updates can be made on the
data. If actuals and budget data is imported in from a 3rd party system, or by using
XL4ADW, manual updates cannot be made. T or F? - ✔✔T
✔✔Only one (1) debt note can be entered into ARGUS Enterprise. T or F? - ✔✔F
