ARGUS CERTIFICATION EXAM QUESTIONS AND ANSWERS (VERIFIED AND WELL DETAILED
ANSWERS) LATEST UPDATE 2025/2026
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-
DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - CORRECT ANSWER-True
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain
sections of the program. - CORRECT ANSWER-True
In AE, a user can add over 100 properties into a portfolio. - CORRECT ANSWER-True
Which is a benefit to utilizing a Chart of Accounts?
a) Easier to track Revenues/Expenses
b) Standardizes portfolio for names of all Expenses/Revenues
c) Helps with accounting system integration
d) All of the above - CORRECT ANSWER-All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - CORRECT
ANSWER-True
The Discard Changes option will discard only the last change you have made to the property
record. - CORRECT ANSWER-False
Only users with appropriate permissions can access all of the features in the Control Panel. -
CORRECT ANSWER-True
,To lock down a specific property and restrict who can edit it, click the _____________ button
located in the ARGUS Enterprise Ribbon bar. - CORRECT ANSWER-Check Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - CORRECT
ANSWER-True
The Expense Inflation Rate will be the default percentage for:
a) Operating Expenses
b) Non-Operating Expenses
c) Capital Expenses
d) All of the above - CORRECT ANSWER-All of the above
True or False: Every inflation category must be given a number or it will default to the General
Inflation Rate. - CORRECT ANSWER-False
Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(revenue is $13,000 with fixed percentage of 0%). - CORRECT ANSWER-$7,800 (.6*13000)
Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
CORRECT ANSWER-$0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
CORRECT ANSWER-$13,000
What is the Capital Expense amount that will appear on the Cash Flow? - CORRECT ANSWER-
$63,654???
,Free Rent, by default, kick in at the beginning of the _________. - CORRECT ANSWER-Tenant's
Lease Start Date
The default recovery structure in ARGUS enterprise is __________. - CORRECT ANSWER-Net
The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease. -
CORRECT ANSWER-False. The Start Date represents the start of the tenants lease.
True or False: By default, Tenant Improvements and Leasing Commissions are paid at the start of
the tenant's lease. - CORRECT ANSWER-True
True or False: The Upon Expiration field within the Market Leasing profile allows users to select
a different Market Leasing profile to be used after the first Market Leasing term is over. -
CORRECT ANSWER-True
Contractual Renewal:
a) Utilizes the Renew Market Leasing profile terms
b) Utilizes the New Market Leasing profile terms
c) Inserts a new contract lease into the Rent Roll
d) None of the above - CORRECT ANSWER-c) Inserts a new contract lease
The inflation rates are displayed on which report? - CORRECT ANSWER-Property Summary
Which report displays New Market, Renewal Market, and Weighted Average results? - CORRECT
ANSWER-Assumptions Report
When your resale calculation is set to CAP NOI (12 months after sale), which year's NOI will be
used when analyzing a 6-year analysis? - CORRECT ANSWER-The 7th years NOI
, If 12% is a desired return, enter 12% in the ________________ parent tab. - CORRECT ANSWER-
Valuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a base year
stop structure? - CORRECT ANSWER-$0
What will LB Corporation pay for reimbursements in 2017? - CORRECT ANSWER-The amount of
2017 total operating expenses over 2016 total operating expenses
What will LB Corporation pay for reimbursements in 2018? - CORRECT ANSWER-The amount of
2018 total operating expenses over 2016 total operating expenses
If a tenant's 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? - CORRECT ANSWER-The
Available Date needs to be when the space is actually available and the Start Date needs to be
when the tenant's lease begins.
True or False: Step Rent increases can be applied in the Step Rent field or in the Base Rent varies
window. - CORRECT ANSWER-True
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? - CORRECT ANSWER-(2021 NOI
/ 10% Cap Rate)*(1.0 - 3% adjustment)
Assuming a sale date of December 2020, what will be the net proceeds from sale if we have a
resale calculation that capitalises the NOI of the sale year? - CORRECT ANSWER-(202 NOI / 10%
Cap Rate)*(1.0 - 3% adjustment)
ANSWERS) LATEST UPDATE 2025/2026
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-
DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - CORRECT ANSWER-True
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain
sections of the program. - CORRECT ANSWER-True
In AE, a user can add over 100 properties into a portfolio. - CORRECT ANSWER-True
Which is a benefit to utilizing a Chart of Accounts?
a) Easier to track Revenues/Expenses
b) Standardizes portfolio for names of all Expenses/Revenues
c) Helps with accounting system integration
d) All of the above - CORRECT ANSWER-All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - CORRECT
ANSWER-True
The Discard Changes option will discard only the last change you have made to the property
record. - CORRECT ANSWER-False
Only users with appropriate permissions can access all of the features in the Control Panel. -
CORRECT ANSWER-True
,To lock down a specific property and restrict who can edit it, click the _____________ button
located in the ARGUS Enterprise Ribbon bar. - CORRECT ANSWER-Check Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - CORRECT
ANSWER-True
The Expense Inflation Rate will be the default percentage for:
a) Operating Expenses
b) Non-Operating Expenses
c) Capital Expenses
d) All of the above - CORRECT ANSWER-All of the above
True or False: Every inflation category must be given a number or it will default to the General
Inflation Rate. - CORRECT ANSWER-False
Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(revenue is $13,000 with fixed percentage of 0%). - CORRECT ANSWER-$7,800 (.6*13000)
Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
CORRECT ANSWER-$0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
CORRECT ANSWER-$13,000
What is the Capital Expense amount that will appear on the Cash Flow? - CORRECT ANSWER-
$63,654???
,Free Rent, by default, kick in at the beginning of the _________. - CORRECT ANSWER-Tenant's
Lease Start Date
The default recovery structure in ARGUS enterprise is __________. - CORRECT ANSWER-Net
The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease. -
CORRECT ANSWER-False. The Start Date represents the start of the tenants lease.
True or False: By default, Tenant Improvements and Leasing Commissions are paid at the start of
the tenant's lease. - CORRECT ANSWER-True
True or False: The Upon Expiration field within the Market Leasing profile allows users to select
a different Market Leasing profile to be used after the first Market Leasing term is over. -
CORRECT ANSWER-True
Contractual Renewal:
a) Utilizes the Renew Market Leasing profile terms
b) Utilizes the New Market Leasing profile terms
c) Inserts a new contract lease into the Rent Roll
d) None of the above - CORRECT ANSWER-c) Inserts a new contract lease
The inflation rates are displayed on which report? - CORRECT ANSWER-Property Summary
Which report displays New Market, Renewal Market, and Weighted Average results? - CORRECT
ANSWER-Assumptions Report
When your resale calculation is set to CAP NOI (12 months after sale), which year's NOI will be
used when analyzing a 6-year analysis? - CORRECT ANSWER-The 7th years NOI
, If 12% is a desired return, enter 12% in the ________________ parent tab. - CORRECT ANSWER-
Valuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a base year
stop structure? - CORRECT ANSWER-$0
What will LB Corporation pay for reimbursements in 2017? - CORRECT ANSWER-The amount of
2017 total operating expenses over 2016 total operating expenses
What will LB Corporation pay for reimbursements in 2018? - CORRECT ANSWER-The amount of
2018 total operating expenses over 2016 total operating expenses
If a tenant's 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? - CORRECT ANSWER-The
Available Date needs to be when the space is actually available and the Start Date needs to be
when the tenant's lease begins.
True or False: Step Rent increases can be applied in the Step Rent field or in the Base Rent varies
window. - CORRECT ANSWER-True
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? - CORRECT ANSWER-(2021 NOI
/ 10% Cap Rate)*(1.0 - 3% adjustment)
Assuming a sale date of December 2020, what will be the net proceeds from sale if we have a
resale calculation that capitalises the NOI of the sale year? - CORRECT ANSWER-(202 NOI / 10%
Cap Rate)*(1.0 - 3% adjustment)
