Argus Certification Exam UPDATED
ACTUAL Exam Questions and CORRECT
Answers
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 of the following is a classification type in AE? Select all that apply.
a. Property
b. Tenant
c. Region
d. Lease - CORRECT ANSWER - a. Property
b. Tenant
Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F) - CORRECT
ANSWER - True
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex
d. .aeix - CORRECT ANSWER - b. avux
,To take a property out of read-only mode, the ______________ button must be selected from the
Ribbon.
a. Refresh
b. Ellipses
c. Check In/Out Property
d. Edit Property - CORRECT ANSWER - d. Edit Property
What should be selected as the 'How Input' method in order 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
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 amount 1 Varies window?
a. Copy Across & Down
b. Copy to End
c. Copy Column to End
d. Column - CORRECT ANSWER - c. Copy Column to End
When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise
________________________________________.
a. Assumes a 0% renewal
b. Takes a weighted average
, c. Assumes the space goes dark
d. Assumes a 100% renewal - CORRECT ANSWER - d. Assumes a 100% renewal
The Upon Expiration field within the Market Leasing profile allows us to select any overrides for
past terms (T/F) - CORRECT ANSWER - False
The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the
______________________, when using CAP NOI (12 Months After Sale). - CORRECT
ANSWER - Cap Rate
Tenant Improvements/Leasing Commissions can be subtracted out of the Resale calculation
(T/F) - CORRECT ANSWER - True
Parameters for the Discount Rate Change Interval on the IRR Matrix report can be changed in
the _________________ tab? - CORRECT ANSWER - Assumptions
Within the Investments tab, the _______________________ tab is used to calculate notes
outside of the AE system. - CORRECT ANSWER - Other Debt
By default, ARGUS Enterprise calculates loans on a 12 month basis (T/F) - CORRECT
ANSWER - True
Enter Other Debt information into the Valuation tab (T/F) - CORRECT ANSWER - False
When you have a one-time increase, or an increase that happens at different increments or times
utilize the Fixed Steps Unit column (T/F) - CORRECT ANSWER -
When entering an Available Date prior to the Start Date within the Rent Roll - CORRECT
ANSWER -
ACTUAL Exam Questions and CORRECT
Answers
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 of the following is a classification type in AE? Select all that apply.
a. Property
b. Tenant
c. Region
d. Lease - CORRECT ANSWER - a. Property
b. Tenant
Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F) - CORRECT
ANSWER - True
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex
d. .aeix - CORRECT ANSWER - b. avux
,To take a property out of read-only mode, the ______________ button must be selected from the
Ribbon.
a. Refresh
b. Ellipses
c. Check In/Out Property
d. Edit Property - CORRECT ANSWER - d. Edit Property
What should be selected as the 'How Input' method in order 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
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 amount 1 Varies window?
a. Copy Across & Down
b. Copy to End
c. Copy Column to End
d. Column - CORRECT ANSWER - c. Copy Column to End
When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise
________________________________________.
a. Assumes a 0% renewal
b. Takes a weighted average
, c. Assumes the space goes dark
d. Assumes a 100% renewal - CORRECT ANSWER - d. Assumes a 100% renewal
The Upon Expiration field within the Market Leasing profile allows us to select any overrides for
past terms (T/F) - CORRECT ANSWER - False
The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the
______________________, when using CAP NOI (12 Months After Sale). - CORRECT
ANSWER - Cap Rate
Tenant Improvements/Leasing Commissions can be subtracted out of the Resale calculation
(T/F) - CORRECT ANSWER - True
Parameters for the Discount Rate Change Interval on the IRR Matrix report can be changed in
the _________________ tab? - CORRECT ANSWER - Assumptions
Within the Investments tab, the _______________________ tab is used to calculate notes
outside of the AE system. - CORRECT ANSWER - Other Debt
By default, ARGUS Enterprise calculates loans on a 12 month basis (T/F) - CORRECT
ANSWER - True
Enter Other Debt information into the Valuation tab (T/F) - CORRECT ANSWER - False
When you have a one-time increase, or an increase that happens at different increments or times
utilize the Fixed Steps Unit column (T/F) - CORRECT ANSWER -
When entering an Available Date prior to the Start Date within the Rent Roll - CORRECT
ANSWER -
