Should you always use the small company premium

In the mock from the CFA, case study Moyle, it seems that we need to use the small company premium to compute the cost of equity. However it is never mentionned that Moyle is a small company.

Does that mean in general we are supposed to use any premium that is given ?

Don’t have the reading, but if they give you the SMB premium (in the Fama-French model) and SMB beta, assume you use them.

if in reading you find the firm is relatively small and private, then plug in the small firm premia