Question 1

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 2

Who is empowered to incur costs in the public cloud model?

Options :

A : Only the management account, enrollment or billing account

B : Anyone who can launch resources in the public cloud

C : Only the cloud providers themselves

Answer: B

Question 3

In regards to the FinOps Maturity Model Guidelines which of the following statements would be true regarding the Maturity Level Characteristics for "Run". (Select One)

Options :

A : Automation and/or processes cover most of the Capability requirements

B : Capability is understood and followed by all teams within the organization

C : Automation is the not always the preferred approach

D : Measurements only provide insight into the benefits of maturing the capability

Answer: B

Question 4

Which is a key reason for centralizing Rate Optimization?

Options :

A : The best rates can be achieved when negotiated by a central buying authority on aggregate usage

B : Individual DevOps teams are better at knowing what rates they should receive

C : Committed rates can only be negotiated per account or subscription, so must be managed centrally to see all accounts or subsmiptions

D : Commitment-based discounts have to be chosen for specific resources, not for instance types

E : Rate reductions must consider the details of which individual resources are being used so a complete list is required to purchase them.

Answer: A

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