Question 1

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

Question 2

The variable cost model of the cloud is a risk for cloud spending of an organization. (True or False)

Options :

A : True

B : False

Answer: B

Question 3

Which of the following is not a significant tactic which respondents use to drive accountability?

Options :

A : Cost Reduction and Cost Control

B : Education, Training and Awareness

C : Executive Alignment and Engagement

D : Incentives and Disincentives

Answer: A

Question 4

What two outcomes does the FinOps team seek above all? (Select two)

Options :

A : culture of accountability and an understanding of the unit economics of the business costs

B : Optimization and operation

C : Fully allocated costs and a well-managed commitment-based discount portfolio

D : Breaking down cultural barriers and distributed responsibility for managing Cloud usage Costs.

Answer: B,D

Question 5

Under the FinOps Principles are 6 activities. Which activities would fit under " Decisions are driven by business value of cloud"? (Select Three)

Options :

A : Industry peer-level benchmarking determines how your company is performing

B : Trending and variance analysis helps to understand why costs increased

C : Internal team benchmarking drives best practices and celebrates wins

D : Rightsizing instances and services help drive appropriate resourcing levels

E : Track team-level targets to drive accountability

Answer: A,B,C