The Guide is the standard Canadian reference for flanking sound transmission in wood-framed multi-family buildings. It explains the gap between a lab-rated STC and the Apparent STC an occupant actually experiences, and gives designers a framework for choosing assemblies and details that close that gap.
Examitect's ExAC study plan lists it as supplementary for one objective: Section 3, objective 8.3 (Evaluate assemblies and details). It won't be the primary basis of a question, but the concepts it defines, including flanking path, joist orientation, and wall/floor junction, appear in detailing scenario questions. Recognizing the flanking path in a section drawing is the testable skill. This Guide is what trains your eye.
The Guide's experimental evidence also explains why specific details work: why resilient channels outperform an extra gypsum layer, why a floating topping beats a bonded one for impact control, and why double-stud walls matter most for horizontally separated units.