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FAC-C PROCTORED EXAM – QUESTIONS AND ANSWERS | VERIFIED AND WELL DETAILED ANSWERS | PLUS RATIONALES | GUARANTEED PASS | LATEST EXAM UPDATE

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FAC-C PROCTORED EXAM – QUESTIONS AND ANSWERS | VERIFIED AND WELL DETAILED ANSWERS | PLUS RATIONALES | GUARANTEED PASS | LATEST EXAM UPDATE

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FAC-C PROCTORED EXAM – QUESTIONS AND ANSWERS | VERIFIED AND WELL DETAILED ANSWERS | PLUS
RATIONALES | GUARANTEED PASS | LATEST EXAM UPDATE

Core Domains:

Acquisition Planning and Strategy
Contracting Methods and Procedures
Socioeconomic Programs and Policies
Federal Acquisition Regulation (FAR) and Supplements
Contract Administration and Performance Management
Ethics and Professional Standards in Government Contracting
Cost and Price Analysis
Legal and Regulatory Compliance
Market Research and Analysis
Risk Management and Mitigation

Introduction

This comprehensive assessment is designed to rigorously evaluate a candidate's knowledge and practical skills required
for success in federal acquisition. It covers foundational theories, regulatory frameworks, and ethical principles central
to the contracting profession. The exam utilizes a multiple-choice format, including scenario-based questions that test
the application of knowledge to real-world situations. Emphasis is placed on critical thinking, sound judgment, and
effective decision-making within the complex federal procurement environment. This test bank serves as a vital tool for
preparation, ensuring candidates are well-versed in the policies and procedures that govern the acquisition lifecycle.

,SECTION ONE: QUESTIONS 1 – 100

1. When conducting market research, what is the PRIMARY purpose of analyzing the commercial marketplace?

A. To identify the lowest-priced supplier.
B. To determine if commercial items or non-developmental items are available to meet the agency's needs.
C. To establish a sole-source justification.
D. To comply with the Competition in Contracting Act (CICA).

🟢B
🔴 Explanation: The primary purpose of market research, as defined in FAR Part 10, is to determine if commercial or
non-developmental items exist that could satisfy the agency's requirements. This is a foundational step before
developing a solicitation. While finding the lowest price (A) is a goal, it is not the primary purpose. Sole-source
justifications (C) are a possible outcome but not the main goal. Compliance with CICA (D) is a broader statutory
requirement, but market research serves a more specific purpose.

2. Which of the following is a REQUIRED element of a properly formatted Independent Government Cost Estimate
(IGCE)?

A. A detailed breakdown of labor hours and material costs.
B. A narrative explaining the need for the acquisition.
C. A certification by the Contracting Officer.
D. A list of potential offerors.

🟢A
🔴 Explanation: A well-prepared IGCE must include a detailed breakdown of costs, such as labor hours, materials,
and overhead, to support its reasonableness. The narrative explaining the need (B) is part of the acquisition plan, not

,the IGCE itself. The IGCE is prepared by the requiring activity, not certified by the Contracting Officer (C). A list of
potential offerors (D) is not part of the IGCE.

3. Under the FAR, what is the general rule regarding the use of the "brand name or equal" specification?

A. It is prohibited unless authorized by the agency head.
B. It must be supported by a determination that using a brand name is essential to the government's requirements.
C. It is preferred over all other specification types.
D. It automatically allows the Contracting Officer to purchase the brand name without competition.

🟢B
🔴 Explanation: FAR 11.105 requires that a "brand name or equal" purchase description must be supported by a
written justification that the brand name is essential to the government's requirements. It is not prohibited (A),
preferred (C), nor does it allow for non-competitive procurement without justification (D).

4. A Contracting Officer is evaluating a cost-plus-fixed-fee contract proposal. What is the most significant risk to the
government in this type of contract?

A. The contractor may not have a sufficient profit incentive to control costs.
B. The fixed fee is subject to adjustment based on performance.
C. The contractor is required to absorb all cost overruns.
D. The contract must be renegotiated annually.

🟢A
🔴 Explanation: In a cost-plus-fixed-fee (CPFF) contract, the contractor's profit is fixed. This can create a reduced
incentive for the contractor to control costs, as they are reimbursed for all allowable costs regardless of efficiency.

, The fixed fee is not subject to adjustment based on performance (B). The contractor does not absorb overruns; the
government does (C). The contract does not require annual renegotiation (D).

5. What is the primary purpose of the Competition in Contracting Act (CICA)?

A. To promote full and open competition in the federal procurement system.
B. To provide preferential treatment to small businesses.
C. To simplify the procurement process for commercial items.
D. To establish cost accounting standards for defense contractors.

🟢A
🔴 Explanation: The foundational principle of CICA is to ensure that all "full and open competition" is the standard
for federal procurements, unless a specific exception applies. While it supports small businesses (B) and simplifies
commercial items (C) through other acts, its primary purpose is competition. Cost accounting standards (D) are
governed by CAS.

6. A contracting officer is preparing a solicitation and must include a clause that requires the contractor to comply
with the Buy American Act. Which FAR clause is typically used for this purpose?

A. FAR 52.222-26, Equal Opportunity.
B. FAR 52.225-1, Buy American—Supplies.
C. FAR 52.225-13, Restrictions on Certain Foreign Purchases.
D. FAR 52.219-6, Notice of Total Small Business Set-Aside.

🟢B
🔴 Explanation: FAR 52.225-1, Buy American—Supplies, is the clause that implements the Buy American Act for the
acquisition of supplies. FAR 52.222-26 (A) deals with equal opportunity. FAR 52.225-13 (C) pertains to foreign

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