Question 1

How many types of forecasting methods are there?

Options :

A : two

B : three

C : four

D : eight

Answer: C

Question 2

When proposing the adoption of a FinOps function within an organization, there will be a need to brief a variety of personas among the executive team to gain approval, buy-in, and involvement in conducting FinOps and achieving its goals. Every role has a clearly documented Primary Goal. What is the primary goal for a Chief Technology Officer (CTO)? (Select One)

Options :

A : Leverage technology to give the business a market and competitive advantage

B : Drive best practices into the organization through education, standardization, and cheerleading

C : Quickly bring new products and features to market with an accurate price point.

D : Deliver faster and high quality services to the organization, whilst maintaining business as usual

Answer: A

Question 3

In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time.(True or False)

Options :

A : True

B : False

Answer: A

Question 4

Which of the following is a cloud cost optimization strategy for virtual machines?

Options :

A : Using reserved instances without proper calculation

B : Choosing more expensive VM flavors

C : Using spot instances for short-term tasks

D : Increasing the number of VMs running simultaneously

Answer: C

Question 5

What are some of the commonly cited pain points when it comes to financial cloud management?

Options :

A : Accurate forecasting and eliminating unnecessary cloud waste

B : Lack of visibility and limited functionality

C : Oversizing and lack of automation

D : All of the above

Answer: D

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