7/7/26, 6:50 FAC-C CERTIFICATION EXAM
AM
FAC-C Certification Exam 2026 Study Notes & Practice
Questions | Over 200 Verified Q&A | FAR Principles
Government Contracting Prep Guide.
Which authority is legally binding in Government contracting and recognized by the courts?
Actual Authority
In DoD contracting, who has the authority to enter into a legally binding contract?
Contracting Officer
True or False: Each authority is NOT delegable unless specifically stated otherwise.
False
Which of the following are essential elements of a contract?
Capacity, Consideration, Mutual Assent, Lawful Purpose
True or False: A contract is defined as a mutually binding legal relationship obligating the
seller to furnish the supplies or services and the buyer to pay for them.
True
True or False: Capacity is when each party either makes a promise or begins to render
performance.
False, Capacity is the ability to understand and appreciate the terms of the contract.
Market research can be .
Both A and B (Strategic and Tactical)
True or False: The extent of market research will vary, depending on such factors as
urgency, estimated dollar value, complexity, and past experience.
True
True or False: Contracting Officers shall promote and provide for full and open competition
in soliciting offers and awarding Government contracts unless an exception applies.
True
1/22
,7/7/26, 6:50 FAC-C CERTIFICATION EXAM
AM
Market Research is conducted during which phase of acquisition?
All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR?
Deviation
Simplified Acquisition Procedures should .
Promote competition to the maximum extent practicable
What type(s) of contracts can be awarded when acquiring commercial products?
Only firm fixed price contracts or firm fixed with economic prices adjustment
Which is NOT a type of contracting officer?
Executive contracting officer
With respect to the requirements law, what must a KO ensure before signing a contract?
Ensure each requirement has been met
What is a contract clause?
A term or condition used in contracts, or in both solicitation and contract that applies
after contract award or both before and after contract award.
Which statement best conveys the convention of FAR 1.108(b), delegation of authority?
Each authority is delegable unless specifically stated otherwise.
Where in the FAR can you find guidance on how to establish, maintain, and dispose of
Government contract files?
FAR Part 4
The authority of a contracting officer representative (COR) shall be .
Designated in writing with a copy given to the contractor and the contract administrative
office.
2/22
, 7/7/26, 6:50 FAC-C CERTIFICATION EXAM
AM
Which of the following statements is accurate regarding the acquisition Teams?
3/22
AM
FAC-C Certification Exam 2026 Study Notes & Practice
Questions | Over 200 Verified Q&A | FAR Principles
Government Contracting Prep Guide.
Which authority is legally binding in Government contracting and recognized by the courts?
Actual Authority
In DoD contracting, who has the authority to enter into a legally binding contract?
Contracting Officer
True or False: Each authority is NOT delegable unless specifically stated otherwise.
False
Which of the following are essential elements of a contract?
Capacity, Consideration, Mutual Assent, Lawful Purpose
True or False: A contract is defined as a mutually binding legal relationship obligating the
seller to furnish the supplies or services and the buyer to pay for them.
True
True or False: Capacity is when each party either makes a promise or begins to render
performance.
False, Capacity is the ability to understand and appreciate the terms of the contract.
Market research can be .
Both A and B (Strategic and Tactical)
True or False: The extent of market research will vary, depending on such factors as
urgency, estimated dollar value, complexity, and past experience.
True
True or False: Contracting Officers shall promote and provide for full and open competition
in soliciting offers and awarding Government contracts unless an exception applies.
True
1/22
,7/7/26, 6:50 FAC-C CERTIFICATION EXAM
AM
Market Research is conducted during which phase of acquisition?
All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR?
Deviation
Simplified Acquisition Procedures should .
Promote competition to the maximum extent practicable
What type(s) of contracts can be awarded when acquiring commercial products?
Only firm fixed price contracts or firm fixed with economic prices adjustment
Which is NOT a type of contracting officer?
Executive contracting officer
With respect to the requirements law, what must a KO ensure before signing a contract?
Ensure each requirement has been met
What is a contract clause?
A term or condition used in contracts, or in both solicitation and contract that applies
after contract award or both before and after contract award.
Which statement best conveys the convention of FAR 1.108(b), delegation of authority?
Each authority is delegable unless specifically stated otherwise.
Where in the FAR can you find guidance on how to establish, maintain, and dispose of
Government contract files?
FAR Part 4
The authority of a contracting officer representative (COR) shall be .
Designated in writing with a copy given to the contractor and the contract administrative
office.
2/22
, 7/7/26, 6:50 FAC-C CERTIFICATION EXAM
AM
Which of the following statements is accurate regarding the acquisition Teams?
3/22
