CAC Study Guide 2026

Everything you need to pass the CAC exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.

📋 CAC Exam Format at a Glance

300

Questions

480 min

Time Limit

70.00%

Passing Score

Take a Full CAC Exam Simulation →

📚 CAC Topics to Study (69)

Applied Methods and Techniques · 7 cards Applied Methods and Techniques · 7 cards Applied Methods and Techniques · 7 cards Applied Methods and Techniques · 7 cards Assessment and Evaluation · 7 cards Assessment and Evaluation · 7 cards Assessment and Evaluation · 7 cards Assessment and Evaluation · 7 cards Communication and Documentation · 7 cards Communication and Documentation · 7 cards Communication and Documentation · 7 cards Communication and Documentation · 7 cards Compliance and Regulatory Standards · 7 cards Compliance and Regulatory Standards · 7 cards Compliance and Regulatory Standards · 7 cards Compliance and Regulatory Standards · 7 cards Continuing Education Requirements · 7 cards Continuing Education Requirements · 7 cards Continuing Education Requirements · 7 cards Continuing Education Requirements · 7 cards Contract Management · 7 cards Contract Management · 7 cards Contract Management · 7 cards Contract Management · 7 cards Core Concepts and Principles · 7 cards Core Concepts and Principles · 7 cards Core Concepts and Principles · 7 cards Core Concepts and Principles · 7 cards Financial Analysis · 7 cards Financial Analysis · 7 cards

See all 69 topics as flashcards →

✍️ Sample CAC Questions & Answers

1. What is the main purpose of a summative evaluation of a training program?

✓ To judge overall effectiveness after completion

Summative evaluation judges outcomes or effectiveness after the program ends.

2. What is the primary difference between a 'portfolio' and a 'purchase' program in indirect auto financing?

✓ Purchase programs pay the dealer a one-time amount, while portfolio programs pay an advance plus potential future collections

In purchase programs the dealer gets one upfront payment; portfolio programs pay an advance and later back-end amounts.

3. Which federal law governs the privacy notices a finance company must give consumers regarding their nonpublic personal information?

✓ Gramm-Leach-Bliley Act

The GLBA requires financial institutions to provide privacy notices and safeguard consumer information.

4. Which situation would most likely require a contract to be rewritten before funding?

✓ The disclosed APR on the contract is incorrect

Inaccurate TILA disclosures like the APR typically require a corrected, re-signed contract.

5. GAP coverage mitigates which risk for the lender and borrower?

✓ The shortfall between the insurance payout and the loan balance after a total loss

GAP covers the deficiency when a totaled vehicle's value is less than what is still owed.

6. Under FFIEC uniform retail credit guidance, closed-end retail loans such as auto loans are generally charged off by how many days past due?

✓ 120 days

FFIEC guidance generally calls for closed-end retail loans to be charged off at 120 days delinquent.

🎯 Free CAC Practice Tests

Risk Analysis · 7 questions Risk Analysis · 7 questions Safety and Compliance · 7 questions Safety and Compliance · 7 questions Technical Inspection Procedures · 7 questions Risk Analysis · 7 questions Technical Inspection Procedures · 7 questions Safety and Compliance · 7 questions Safety and Compliance · 7 questions Risk Analysis · 7 questions

📖 CAC Guides & Articles

Your CAC Study Path

1. Learn with Flashcards → 2. Drill Practice Tests → 3. Take the Full Exam Simulation

🃏 CAC Flashcards (465)🏆 CAC Exam Simulation

What Practice Test Geeks adds beyond an AI chat for CAC

An AI chatbot can quiz you, but it can't reproduce the exam conditions or keep your record. Here you get:

A timed, full-length CAC mock exam — 300 questions in 480 minutes with a 70% pass mark, modeled on the official exam's question count and time limit, followed by a score report broken down by exam domain.
A fixed CAC question bank: the same test every attempt, so your score is comparable from one try to the next instead of changing with every regenerated quiz.
Progress saved on your device: completed tests, scores and missed questions stay in My Progress, so you can retake only what you got wrong.
A printable CAC cheat sheet you can print or save as a PDF.
CAC flashcards built from the same question bank.
Free CAC practice tests with the correct answer shown after each question.

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