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NEW QUESTION # 12
'Establish FinOps Culture' would be under what domain according to the FinOps Foundation? (Select One)
- A. Organizational Alignment
- B. Real-Time Decision Making
- C. Cloud Usage Optimization
- D. Understanding Cloud Usage and Cost
Answer: A
NEW QUESTION # 13
Which of the following statements would be true regarding FinOps? (Select One)
- A. FinOps ensures that you get the best performance out of every service used in the cloud
- B. FinOps ensures you get the most value out of every dollar spent in cloud
- C. FinOps ensures that your financial team manages cloud spending
- D. FinOps ensures you get the most use out of every service used in the cloud
Answer: B
NEW QUESTION # 14
In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time. (True or False)
- A. True
- B. False
Answer: A
NEW QUESTION # 15
Which of the following is NOT part of the FinOps Maturity Model? (Select One)
- A. Sprint
- B. Walk
- C. Run
- D. Crawl
Answer: A
NEW QUESTION # 16
When comparing TBM and FinOps, which one would focus on results mainly on speed? (Select One)
- A. FinOps
- B. TBM
Answer: A
NEW QUESTION # 17
Which of the following are not considered goals of the FinOps journey? (Select Two)
- A. Efficiency
- B. Benchmarking
- C. Allocation
- D. Forecasting
- E. Visibility
- F. SLO's
Answer: A,F
NEW QUESTION # 18
Your business unit has decided to use Azure for its cloud services for production. Other business units have been Azure for both development and production use cases. You have been asked to provide tools in Azure that can provide recommendations for reducing costs and getting insight into better ways of resource management.
What tools in Azure could you identify? (Select Two)
- A. Azure Advisor
- B. Trusted Advisor
- C. Azure has only one tool
- D. Recommender
Answer: A,C
NEW QUESTION # 19
In the Inform Stage of the FinOps cycle which of the following would be true regarding. (Select One)
- A. Using the data from the Inform stage will enable FinOps teams to balance operational requirements with the best financial options to improve their overall cloud operations.
- B. The Finance team will evaluate FinOps team practices in the context of meeting business objectives.
- C. The IT, finance, and business departments rely on timely and relevant data to create customized FinOps frameworks and processes.
- D. The Finance team will evaluate FinOps team performance over a quarterly basis.
Answer: A
NEW QUESTION # 20
Which of the following would be the 'primary advantages' of using cloud over on premises services? (Select Two)
- A. Ease of use
- B. Cost Savings
- C. Innovation
- D. Speed of delivery
Answer: C,D
NEW QUESTION # 21
When a resource charge is discounted by a reservation what would that usage be called? (Select One)
- A. Amoratized
- B. Covered
- C. Blended
- D. Reduced
Answer: B
NEW QUESTION # 22
What is the name of the file format used in AWS Cost and Usage reports? (Select One)
- A. CUR
- B. DBR
- C. CSV
- D. CAR
Answer: A
NEW QUESTION # 23
Which are the correct FinOps Principles? (Select Six)
- A. Teams need to collaborate
- B. Engineering is solely responsible for cloud usage
- C. A centralized team drives FinOps
- D. Take advantage of the variable cost model of the cloud
- E. All decisions are centralized thru finance
- F. Business Value of cloud drive decisions
- G. FinOps reports should be accessible and timely
- H. Everyone takes ownership of cloud usage
Answer: A,C,D,F,G,H
NEW QUESTION # 24
Which of the following would be the correct description of what a 'cluster' is in Kubernetes? (Select One)
- A. A template of a container with the software that needs to be run.
- B. A template of services to be ran in Kubernetes
- C. A group of server instances, managed by container orchestration.
- D. An instance of a container image
Answer: C
NEW QUESTION # 25
AWS provides what is called a 'Blended Rate' on its invoices.
What is the blended rate showing? (Select One)
- A. Shows the effective rate for a group of resources with the same attributes.
- B. Shows the variable rate for a group of resources with the variable attributes.
- C. Shows the effective rate for a group of resources with different attributes.
- D. Shows the variable rate for a group of resources with the same attributes.
Answer: A
NEW QUESTION # 26
Cloud Forecasting can be a challenge, especially in large disparate organizations. Centralization can be a helpful factor but also there are some focus areas that we can use to 'break the challenge into addressable parts'. (Select Three)
- A. Use communications to relay that forecasting is being used for decision making.
- B. Cloud forecasting is best used in organizations that are not centralized.
- C. Use forecasting models to help provide predicable models for consistency.
- D. Tagging and cost allocation can provide insight into resource spending.
- E. Only use cloud provider tools since they are based solely on the cloud platform.
Answer: A,C,D
NEW QUESTION # 27
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)
- A. Deliver faster and high quality services to the organization, whilst maintaining business as usual
- B. Quickly bring new products and features to market with an accurate price point.
- C. Leverage technology to give the business a market and competitive advantage
- D. Cloud platform relationship management
Answer: C
NEW QUESTION # 28
What is the name of the resource you would look at to identify the full list of the columns that can appear in AWS Cost and Usage Reports (AWS CUR) and the services that the columns apply to? (Select One)
- A. Billing Statement
- B. S3 Repository
- C. Organization Resource
- D. Data Dictionary
Answer: D
NEW QUESTION # 29
Which of the following methods would we use if we wanted to ensure 'a user defined coefficient'? (Select One)
- A. Fixed
- B. Proportional
- C. Indirect
- D. Even Split
Answer: A
NEW QUESTION # 30
Cloud providers such as AWS and GCP allow for discounts by letting customers commit to a cloud service provider for a set amount of resource usage such as using a Reserved Instance or Committed Discounts.
What is the term we would call this pricing strategy? (Select One)
- A. Rightsizing
- B. Reservations
- C. On Demand
- D. Allocations
Answer: B
NEW QUESTION # 31
Each major cloud provider labels the platforms 'allocation metadata' a specific way.
How does AWS name the allocation metadata? (Select One)
- A. "Subscription'. 'Labels" and "billing accounts"
- B. "Resource tags", "Linked Accounts" and "Organizations"
- C. "Resource tags", "Linked Accounts" and "groups"
- D. "Subscriptions", "resource groups" and "resource tags"
Answer: B
NEW QUESTION # 32
When rightsizing your containers which of following would be focused on responding dynamically to different conditions? (Select One)
- A. Cluster Rightsizing
- B. Node Rightsizing
- C. Load Balancing
- D. Autoscaling
Answer: D
NEW QUESTION # 33
'Manage Commitment Based Discounts' would be under what domain according to the FinOps Foundation? (Select One)
- A. Organizational Alignment
- B. Cloud Rate Optimization
- C. Cloud Usage Optimization
- D. Performance Tracking and Benchmarking
Answer: B
NEW QUESTION # 34
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