Question 1

"Manage Commitment Based Discounts" would be under what domain according to the FinOps Foundation? (Select One)

Options :

A : Organizational Alignment

B : Performance Tracking and Benchmarking

C : Cloud Rate Optimization

D : Cloud Usage Optimization

Answer: C

Question 2

Which of the following methods would we use if we wanted to ensure "a user defined coefficient" ? (Select One)

Options :

A : Proportional

B : Even Split

C : Fixed

D : Target Split

Answer: C

Question 3

How many types of forecasting methods are there?

Options :

A : two

B : three

C : four

D : eight

Answer: C

Question 4

The FinOps journey consists of three iterative phases — Inform, Optimize and Operate. Which of the following statements would be a correct description of the Inform Phase? (Select One)

Options :

A : Continuously evaluate business objectives and the metrics they are tracking against those objectives, and how they are trending.

B : Empowering organizations and teams with visibility, allocation, benchmarking, budgeting, and forecasting

C : Optimize their cloud footprint. Cloud providers offer multiple levers to optimize.

Answer: B

Question 5

FinOps Principles are north stars that guide the activities of our FinOps practice. These principles are clearly broken down and we must encourage members to practice these. When it comes to these principles which of the following activities would be under the "Teams need to Collaborate" principle? (Select One)

Options :

A : Fast feedback loops result in more efficient behavior

B : Rightsizing instances and services help drive appropriate resourcing levels

C : Define governance and controls for cloud usage

D : Gain visibility into cloud spend at all levels

Answer: C

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