Question 1

In regards to cloud forecasting there is no one forecasting method that fits all situations.(True/False)

Options :

A : False

B : True

Answer: B

Question 2

How many types of forecasting methods are there?

Options :

A : two

B : three

C : four

D : eight

Answer: C

Question 3

What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)

Options :

A : Cost Reduction

B : Cost Avoidance

C : Provisioning

D : Right-Sizing

Answer: D

Question 4

What is the potential savings that companies can make by turning off idle resources overnight and on weekends?

Options :

A : 50%

B : 65%

C : 75%

D : 100%

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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