ARGUS Certification

ARGUS Cert Exam Review Questions
with complete solutions


Once a Property Asset Type is selected it cannot be changed.

a. True
b. False - correct answers.b

The Analysis Begin Date defaults to the current Month and Year.

a. True
b. False - correct answers.a

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. Property
Portfolios
b. Global Categories
c. Help
d. Control Panel - correct answers.d

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.

a. Portfolio Details
b. Scenarios
c. Reports
d. Analysis - correct answers.d

What is the extension of a property asset file in ARGUS Enterprise?

,a. .sf
b. .avux
c. .aeex
d. .aeix - correct answers.b

___________ saves the updates to the property asset model to the database. If a
calculation has been performed, it also saves the latest calculation
results.

a. Refresh
b. Save Property to File
c. Check In/Out Property
d. Save Property - correct answers.d

What should be 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 answers.c

Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy is
75.0%.

a. What dollar amount should be entered in the Amount1 field?
b. What will be the actual expense on the Cash Flow for CAM? - correct answers.a.
$100,000

b. $87,500
[($100,000*50% Fixed) + ($100,000*50% Variable*75% Occupied)] = $87,500

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 answers.a.
$80,000

b.
$80,000
[($80,000*100% Fixed) + ($80,000*0% Variable*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 Column to End
d. Column - correct answers.c

2General Inflation: 3.00% in 2021-2025
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Market Inflation: 5.00% in 2021 & 2022, 3.00% in 2023-2025
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Expense Inflation Rate: 3.00% in 2021-2025
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CPI Inflation Rate: 0.00% in 2021-2025
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Market Rent is $15.00 / SF / Year in 2020.
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What is the Market Rent in 2023?
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a. $17.17
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b. $17.03
c. $17.52
2


d. $17.81 - correct answers.b
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General Inflation: 3.00% in 2021-2025
2 2 2 2 2


Market Inflation: 5.00% in 2021 & 2022, 3.00% in 2023-2025
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Expense Inflation Rate: 3.00% in 2021-2025
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CPI Inflation Rate: 0.00% in 2021-2025
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2


What is the CPI Inflation Rate in 2022?
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a. 3.00%
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2
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b. 5.00%
c. 3.03%
2


d. 0.00% - correct answers.d
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When calculating a Market Leasing profile with the Upon Expiration set to Renewal,
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Enterprise _____________.
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2
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a. Assumes a 0% renewal.
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b. Takes a weighted average.
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c. Assumes the space goes dark.
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d. Assumes a 100% renewal. - correct answers.d
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The Upon Expiration field within the Market Leasing profile allows us to select any
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overrides for past terms.
2
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a. True
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2


b. False - correct answers.b
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When you have a one-time increase, or an increase that happens at different
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