Buying & Delivery
Campaign Structure
Objectives & Signals
Budget & Pacing
Audience Strategy
100

This level is where budget, audience, and placements are defined.

What is ad set? 

100

This buying type guarantees CPM and allows frequency control upfront.

What is Reservation Buy?

100

A client wants to retarget users who added items to cart but didn’t purchase. What type of conversion even would they use?

What is Meta Pixel tracking Add to Cart events?

100

This delivery type can exhaust budget early and increase costs.

What is Accelerated delivery?

100

A planner wants to reach new users similar to converters.

What is Lookalike audience?

200

A planner wants full automation across budget, audience, and creative. 

What is Advantage+ end-to-end campaign?

200

A campaign uses Advantage+ budget. Budget is set once and distributed automatically across ad sets.
At which level is the budget being controlled?

What is the Campaign level?

200

A client wants more reliable tracking beyond cookies what type of conversion tracking should they use? 

What is CAPI? 

200

Spending too quickly causes the system to do this to bids.

What is decrease bids?

200

This audience requires a data source like Pixel or CRM.

What is Custom audience?

300

A conversion campaign is not exiting learning. What key threshold is likely not being met?

What is ~50 optimization events per week?

300

This bid strategy maximizes total conversion value, not volume.

What is Highest Value bidding?

300

Good early performance, then rapid decline. What is likely the cause of this? 

Creative fatigue

300

A campaign’s CPM suddenly increases after narrowing audience and placements. What caused this?

Increased competition + reduced delivery flexibility

300

A campaign has limited reach and high costs. What’s the likely issue?

What is audience too narrow?

400

A client has strong purchase data and wants to maximize revenue. What objective and buying strategy should they use?

Sales objective with value optimization (highest value bidding)

400

An ad wins the auction based on these three factors.

What are bid, estimated action rate, and ad quality?

400

A new brand wants maximum exposure with limited historical data. What objective and audience strategy should they use? 

Awareness objective with broad targeting

400

A campaign with a bid cap is pacing unevenly and missing delivery targets, even though budget remains. What is the cause and how would you fix? 

What is bid cap restricting the system’s ability to adjust bids for pacing and raise the bid cap or switch to standard delivery (auction)?

400

Reservation campaigns require a minimum audience size of this.

What is 200,000 people?

500

A client wants to:

  • Run ads across multiple countries
  • Use one campaign
  • Customize creative language by country
  • Use Reservation buying

 What is the limitation?

What is cannot customize language within a single ad set in Reservation?

500

A planner duplicates an ad set to change frequency mid-flight. What is the impact?

What is resetting the learning phase?

500

A client wants installs and in-app purchases tracked. What objective and tool should the client use? 

What is App Promotion objective with Facebook SDK?

500

A planner notices that when spend is too slow, the system increases bids, but delivery still does not improve. What is wrong? 

What is insufficient available inventory or overly restrictive constraints preventing scaling?

500

A campaign has:

  • Interest-based audience
  • Strong conversion data (Pixel + CAPI)
  • High budget

But is still underperforming...What should you do? 

What is remove the interest-based audience and let the platform optimize fully off conversion events?