FAC-C CERTIFICATION EXAM COMPLETE PRACTICE QUESTIONS AND VERIFIED ANSWERS WITH DETAILED RATIONALES | FEDERAL ACQUISITION CERTIFICATION IN CONTRACTING STUDY GUIDE

FAC-C CERTIFICATION EXAM COMPLETE PRACTICE QUESTIONS AND VERIFIED ANSWERS WITH DETAILED RATIONALES | FEDERAL ACQUISITION CERTIFICATION IN CONTRACTING STUDY GUIDE QUESTION 1 What is the minimum passing score required for the FAC-C (Professional) certification exam (CON 3990V)? A) 60% B) 65% C) 70% D) 75% E) 80% CORRECT ANSWER: C) 70% RATIONALE: The FAC-C (Professional) certification exam is graded on a pass/fail basis with a minimum passing score of 70%. The exam is a closed-book, proctored assessment consisting of 150 questions that evaluates critical competencies for initial readiness in federal contracting. ________________________________________ QUESTION 2 Which agency administers the FAC-C certification program? A) Office of Management and Budget (OMB) B) Government Accountability Office (GAO) C) Department of Defense (DoD) D) Federal Acquisition Institute (FAI) E) General Services Administration (GSA) CORRECT ANSWER: D) Federal Acquisition Institute (FAI) RATIONALE: The Federal Acquisition Institute (FAI) administers the FAC-C certification program and the professional contracting exam. The exam is being updated to align with the Revolutionary FAR Overhaul, with updates completed by March 31, 2026, and implementation beginning in April 2026. ________________________________________ QUESTION 3 What is the name of the certification exam for FAC-C (Professional) certification? A) CON 3910 B) CON 3990V C) FCN 3920 D) FAC 3990 E) CON 3890 CORRECT ANSWER: B) CON 3990V RATIONALE: The FAC-C (Professional) certification exam is officially designated as CON 3990V. It is administered by FAI and consists of 150 questions in a closed-book, proctored format. Candidates must complete required training courses before attempting the exam. ________________________________________ QUESTION 4 What is the primary purpose of the Federal Acquisition Regulation (FAR)? A) To establish prices for all federal contracts B) To replace agency-specific acquisition policies entirely C) To provide uniform policies and procedures for acquisition by executive agencies D) To limit the number of contractors eligible to bid on federal contracts E) To eliminate competition in the federal marketplace CORRECT ANSWER: C) To provide uniform policies and procedures for acquisition by executive agencies RATIONALE: The FAR provides uniform policies and procedures for acquisition by executive agencies, ensuring consistency and compliance with federal laws. It does not set prices, limit competition, or replace agency policies entirely. The FAR's fundamental purpose is to promote competition, ensure fair dealing, and achieve value for money on behalf of the federal government. FAR Part 1 establishes the vision and overarching goals of the Federal Acquisition System. ________________________________________ QUESTION 5 Under FAR Part 6, what does "sealed bidding" require? A) Offers must be submitted in person only B) A two-step process with technical proposals followed by price proposals C) Competitive bids to be opened publicly after the bid deadline, with award to the lowest responsive and responsible bidder D) Pre-qualification of bidders before solicitation release E) Negotiation with all bidders before final selection CORRECT ANSWER: C) Competitive bids to be opened publicly after the bid deadline, with award to the lowest responsive and responsible bidder RATIONALE: Sealed bidding, prescribed in FAR Part 6, requires formal advertising, public opening of sealed bids, and award to the lowest responsive and responsible bidder. This method does not allow for post-bid negotiations and is used when specifications are clear and price is the primary award factor. The public opening is a transparency mechanism ensuring fair treatment of all bidders. ________________________________________ QUESTION 6 Which FAR part addresses contract administration and audit services? A) FAR Part 15 B) FAR Part 30 C) FAR Part 42 D) FAR Part 49 E) FAR Part 37 CORRECT ANSWER: C) FAR Part 42 RATIONALE: FAR Part 42 addresses contract management, including contract administration, oversight, and termination procedures. It prescribes policies and procedures for assigning and performing contract administration and contract audit services. FAR Part 49 specifically addresses termination of contracts, while Part 42 covers the broader spectrum of post-award administration and audit services. ________________________________________ QUESTION 7 What is the significance of a "responsible bidder" determination? A) It ensures the bidder is the lowest-priced option B) It confirms the bidder has the capability, capacity, and integrity to perform the contract C) It guarantees the bidder will win the competition D) It is only required for contracts exceeding $1 million E) It eliminates the need for technical evaluation CORRECT ANSWER: B) It confirms the bidder has the capability, capacity, and integrity to perform the contract RATIONALE: A responsible bidder determination assesses whether a bidder possesses the ability to perform including adequate financial resources, technical skills, moral integrity, and satisfactory past performance. This is distinct from responsiveness, which evaluates whether the bid itself conforms to solicitation requirements. A non-responsible bidder can be rejected even if they submit the lowest price. ________________________________________ QUESTION 8 Under FAR Part 15, what is the purpose of requesting "Best and Final Offers" (BAFOs)?