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FAC-C CERTIFICATION EXAM AND PRACTICE EXAM NEWEST 2026 TEST BANK| FAC-C CERTIFICATION EXAM PREP WITH COMPLETE 500 REAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS/ ALREADY GRADED A+ (MOST RECENT!!)

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FAC-C CERTIFICATION EXAM AND PRACTICE EXAM NEWEST 2026 TEST BANK| FAC-C CERTIFICATION EXAM PREP WITH COMPLETE 500 REAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS/ ALREADY GRADED A+ (MOST RECENT!!)

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FAC-C CERTIFICATION EXAM AND PRACTICE
EXAM NEWEST 2026 TEST BANK| FAC-C
CERTIFICATION EXAM PREP WITH COMPLETE
500 REAL EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS/ ALREADY GRADED A+
(MOST RECENT!!)


SECTION 1: ACQUISITION PLANNING AND MARKET RESEARCH (Questions 1-75)
Market Research Fundamentals (FAR Part 10)


1. According to FAR Part 10, what is the PRIMARY purpose of conducting market
research?
A) To satisfy the competition requirements of FAR Part 6
B) To determine if commercial items are available to meet agency needs
C) To identify potential contractors for a source list
D) To justify a sole-source award
Answer: B
Rationale: FAR 10.001(a)(1) states that the primary purpose of market research is to
determine if commercial products or services, or non-developmental items, are available
to meet agency requirements before developing new specifications.


2. During which phase(s) of the acquisition should market research be conducted?
A) Only during the planning phase
B) Only during the solicitation phase
C) Only during the post-award phase
D) All phases

,Answer: D
Rationale: Market research is a continuous process that occurs throughout the acquisition
lifecycle—planning, solicitation, evaluation, and post-award. It supports informed
decision-making at every stage.


3. Which statement is true regarding how agencies shall conduct market research?
A) In the same manner for all acquisitions for consistency purposes
B) Only if unsure of adequate competition
C) Appropriate to the circumstances
D) Until release of the solicitation
Answer: C
Rationale: Market research must be conducted appropriate to the circumstances of each
acquisition. The depth and scope of research should match the complexity and dollar
value of the requirement.


4. What is a "non-developmental item" (NDI) as defined in FAR Part 2?
A) An item that has never been produced before
B) An item already in use by the government or available in the commercial marketplace
C) An item developed specifically for the agency
D) An item still in the prototype stage
Answer: B
Rationale: FAR 2.101 defines a non-developmental item as any item that has already been
developed and is in use by the government or available in the commercial marketplace,
reducing development risk and cost.


5. A requirement for 500 laptop computers with standard commercial specifications is
valued at $800,000. Based on FAR Part 12, how should this acquisition be treated?
A) As a commercial item acquisition using FAR Part 12 procedures
B) As a non-commercial item requiring unique specifications
C) As a small business set-aside only

,D) As an R&D procurement
Answer: A
Rationale: FAR Part 12 provides special procedures for acquiring commercial products and
services. When requirements can be met by commercial items, Part 12 procedures should
be used to leverage commercial practices and reduce administrative burden.


6. The Program Office wants to develop unique specifications for a new widget instead of
purchasing an existing commercial product. The CO should first:
A) Immediately begin developing specifications
B) Document why commercial items cannot meet the need after market research
C) Sole-source to a preferred vendor
D) Issue a solicitation without market research
Answer: B
Rationale: FAR 10.001 requires agencies to conduct market research to determine if
commercial items are available before developing new specifications. If commercial items
cannot meet the need, the CO must document this determination.


7. A CO is acquiring a service valued at $75,000. Under FAR Part 13, Simplified Acquisition
Procedures, which statement is true?
A) The CO must use sealed bidding
B) The CO must conduct a full and open competition with at least three offers
C) The CO should promote competition to the maximum extent practicable
D) The CO must award to the lowest price only

Answer: C
Rationale: FAR 13.104 states that for simplified acquisitions, the CO should promote
competition to the maximum extent practicable. There is no requirement for a minimum
number of offers or mandatory sealed bidding.


8. What document formally initiates the acquisition process?
A) A purchase order
B) A requirement description or requisition

, C) An invoice from a vendor
D) A contractor proposal

Answer: B
Rationale: The acquisition process begins when an agency identifies a need and
documents it through a requirement description or requisition. This triggers acquisition
planning and ultimately the solicitation process.


9. Which of the following is a mandatory source of supply that must be considered
BEFORE purchasing from commercial sources?
A) Small businesses located in HUBZones
B) Federal Prison Industries (UNICOR)
C) Service-disabled veteran-owned small businesses
D) Women-owned small businesses

Answer: B
Rationale: FAR 8.002 lists mandatory sources in priority order: inventories of other
agencies, excess from other agencies, Federal Prison Industries (UNICOR), AbilityOne
participating non-profits, and then commercial sources.


10. What is the "simplified acquisition threshold" (SAT) as defined in FAR Part 2?
A) $10,000
B) $25,000
C) $150,000 ($250,000 for commercial items)
D) $500,000

Answer: C
Rationale: FAR 2.101 defines the simplified acquisition threshold as $150,000, with a higher
threshold of $250,000 for acquisitions of commercial items. This threshold determines
which acquisitions can use simplified acquisition procedures.


11. A CO is planning an acquisition for office furniture valued at $150,000. According to
FAR Part 5, what publicizing action is required?
A) No publicizing required for actions under the SAT

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