ARGUS Enterprise Certification Exam Practice Test 2026 – Multiple Choice Questions with Answers & Detailed Explanations for Real Estate Valuation & Financial Modeling (ARGUS Exam Prep PDF)

ARGUS Enterprise Certification Exam Practice Test 2026 | Multiple
Choice Questions with Answers & Detailed Explanations


1. Once a Property Asset Type is selected it cannot be changed. T or F:
a) True
b) False


**Correct Answer: b) False**
**Rationale:** The Property Asset Type can be changed after it has been initially
selected.


2. The Analysis Begin Date defaults to the current Month and Year. T or F:
a) True
b) False


**Correct Answer: a) True**
**Rationale:** ARGUS Enterprise automatically sets the Analysis Begin Date to the
current month and year.


3. 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
b) Property
c) Control Panel
d) Reports

,**Correct Answer: c) Control Panel**
**Rationale:** The Control Panel is used for global settings including users, import
rules, and report configurations.
4. 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) Analysis
c) Reports
d) Budget


**Correct Answer: b) Analysis**
**Rationale:** The Analysis tab is used for creating charts and graphs across
multiple properties.


5. What is the extension of a property asset file in ARGUS Enterprise?
a) .aeix
b) .avux
c) .dcf
d) .sf


**Correct Answer: b) .avux**
**Rationale:** The native property asset file extension in ARGUS Enterprise is
**.avux**.

,6. _____________ saves the updates to the property asset model to the database.
If a calculation has been performed, it saves the latest calculation results.
a) Save As
b) Check In
c) Save Property
d) Refresh


**Correct Answer: c) Save Property**
**Rationale:** Save Property commits all changes and latest calculations to the
database.


7. What should be selected as "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) % of Other
c) Fixed Amount
d) Varies


**Correct Answer: b) % of Other**
**Rationale:** "% of Other" allows the item to be calculated as a percentage of
selected other cash flow lines.




**8.** Common Area Maintained is $100,000 and is 50% fixed. Occupancy is
75%. What dollar amount should be entered in the Amount1 field? What will be
the actual expense on the Cash Flow for CAM?
a) 100,,500

, b) 75,,000
c) 50,,500
d) 100,,000


**Correct Answer: a) 100,,500**
**Rationale:** Enter the full $100,000 in Amount 1. AE applies the fixed/variable
split and occupancy to calculate the actual expense as $87,500.


**9.** Insurance is $80,000 and is 100% fixed. Occupancy is 85%. What dollar
amount should be entered in the Amount1 field? What will be the actual expense on
the Cash flow for insurance?
a) 80,,000
b) 80,,000
c) 68,,000
d) 85,,000


**Correct Answer: b) 80,,000**
**Rationale:** Because it is 100% fixed, the full amount is entered and appears on
the cash flow regardless of occupancy.


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**10.** 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 to End
b) Copy Across & Down
c) Copy Column to End