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FAC-C (PROFESSIONAL) COMPREHENSIVE CERTIFICATION FINAL PRACTICE EXAM QUESTIONS AND ANSWERS WITH DETAILED RATIONALES (UPTO DATE) A+ GUARANTEED.

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FAC-C (PROFESSIONAL) COMPREHENSIVE CERTIFICATION FINAL PRACTICE EXAM QUESTIONS AND ANSWERS WITH DETAILED RATIONALES (UPTO DATE) A+ GUARANTEED.

Institution
FAC-C
Course
FAC-C

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FAC-C (PROFESSIONAL) COMPREHENSIVE
CERTIFICATION FINAL PRACTICE EXAM
QUESTIONS AND ANSWERS WITH DETAILED
RATIONALES (UPTO DATE) A+ GUARANTEED.


1. Which Federal Acquisition Regulation (FAR) guiding principle emphasizes
delivering the best value to the Government?
A. Maximizing contract duration
B. C. Exercising personal initiative and sound business judgment
C. Avoiding competition whenever possible
D. Limiting contractor communication
Rationale: FAR Part 1 encourages acquisition professionals to exercise sound
business judgment while achieving best value within the law.
2. What is the primary purpose of acquisition planning?
A. Increase contract modifications
B. Delay market research
C. D. Ensure agency needs are met effectively, efficiently, and economically
D. Eliminate competition
Rationale: Effective acquisition planning promotes successful procurements that
satisfy mission requirements.
3. Which FAR Part primarily addresses Acquisition Planning?
A. FAR Part 5
B. FAR Part 6
C. D. FAR Part 7
D. FAR Part 13
Rationale: FAR Part 7 establishes acquisition planning policies and procedures.
4. Before developing a solicitation, the contracting team should first perform:

,A. Contract closeout
B. Invoice approval
C. D. Market research
D. Termination settlement
Rationale: Market research identifies commercial capabilities and appropriate
acquisition strategies.
5. Which acquisition method generally provides the greatest opportunity for
competition?
A. Sole-source acquisition
B. Limited-source acquisition
C. D. Full and open competition
D. Emergency procurement only
Rationale: Full and open competition maximizes fairness and value to the
Government.
6. What is the primary objective of market research?
A. Increase contract prices
B. Avoid commercial solutions
C. D. Understand industry capabilities and available solutions
D. Eliminate small businesses
Rationale: Market research helps agencies make informed acquisition decisions.
7. Which document officially communicates Government requirements to
prospective offerors?
A. Purchase request
B. Contract modification
C. D. Solicitation
D. Receiving report
Rationale: Solicitations describe requirements, evaluation criteria, and proposal
instructions.

, 8. Which contract type places the greatest cost risk on the contractor?
A. Cost-reimbursement
B. Time-and-materials
C. Labor-hour
D. D. Firm-fixed-price
Rationale: Under firm-fixed-price contracts, the contractor bears most
performance cost risk.
9. Cost-reimbursement contracts are generally appropriate when:
A. Requirements are fully defined with minimal uncertainty
B. B. Costs cannot be estimated with sufficient accuracy
C. Price competition is unnecessary
D. Commercial products are readily available
Rationale: Cost-reimbursement contracts are used when uncertainties prevent
reliable fixed pricing.
10.Which procurement method is commonly used for relatively simple
acquisitions below applicable thresholds?
A. Sealed bidding
B. Negotiated procurement
C. C. Simplified acquisition procedures
D. Major system acquisition
Rationale: Simplified acquisition procedures reduce administrative costs while
promoting efficiency.
11.The contracting officer's authority comes from:
A. The contractor
B. The requiring activity

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Institution
FAC-C
Course
FAC-C

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