Phlebotomy exam
Phlebotomy Exam Questions and Answers
Question 1
True or False:
Distributed decision making coupled with the move to variable spending in cloud
allows technology teams to efficiently partner with finance and business teams to
make informed decisions that drive continual optimization.
Correct Answer
true
Question 2
In regards to the FinOps Maturity Model Guidelines which of the following statements
would be true regarding the Maturity Level Characteristics for 'Run':
a) measurements only provide insight into the benefits of maturing the capability
b) automation and/or processes cover most of the capability requirements
c) automation is not always the preferred approach
d) capability is understood and followed by all teams within the organization
Correct Answer
d) Capability is understood and followed by all teams within the organization
Question 3
True or False:
FinOps is about saving money.
Correct Answer
false
Page 1 of 129
, Phlebotomy exam
Question 4
Which of the following statements would be correct about Weighted Average Cost of
Capital?
a)this rate is set by internal markets
b) this is the rate the company is expected to pay on average to all its employees to
finance the operation of the business
c) this is the rate the company is expected to pay on average to all its securities
holders to finance the operation of business
d) this rate is set by the shareholders
Correct Answer
c) This is the rate the company is expected to pay on average to all its securities
holders to finance the operation of the business.
Question 5
In Cloud Computing some costs can be considered fixed and some are variable.
Which of the following costs would generally a fixed costs, meaning predictable
monthly or annual costs?
a) consulting costs
b) on demand instance
c) support and maintenance
d) storage costs
Correct Answer
c) support and maintenance
Question 6
_____________ or ____________is the foundation of telling apart workloads in the cloud,
identifying ownership, and attributing costs to teams.
a) segmenting or labeling
b) labeling or segmenting
c) tagging or identifying
d) tagging or labeling
Correct Answer
d) tagging or labeling
Page 2 of 129
, Phlebotomy exam
Question 7
Multiple Selection : (Select two)
Your business unit has decided to use GCP for its cloud services for production. Other
business units have been GCP for both development and production use cases. You
have been asked to provide tools in GCP that can provide recommendations for
reducing costs and getting insight into better ways of resource management. What
tools in GCP could you identify?
a) cost explorer
b) commitment analysis
c) trusted advisor
d) recommender
Correct Answer
b) commmitment analysis
d) recommender
Question 8
what is the simple formula for cloud spending?
Correct Answer
spend = usage X rate
Question 9
Multiple Selection : Select all the correct options.
When managing cloud costs specifically around containers there are several things in
Google Cloud we can do to manage costs and identify these costs. Which of the
following would be ways we could break down costs?
a) labels
b) availability zones
c) namespaces
d) billing hierarchy
Correct Answer
a) labels
c) namespaces
d) billing hierarchy
Page 3 of 129
, Phlebotomy exam
Question 10
True or False:
In regards to cloud forecasting there is no one forecasting method that fits all
situations.
Correct Answer
true
Question 11
An Availability Zone in AWS is defined as?
a) a sub-unit of an aws account, there are typically multiple AZs per account
b) a sub-unit of a region, there are one AZ per region
c) a sub-unit of a region, there are typically multiple AZs per region
d) a sub-unit of POP, there are typically one AZ per POP
Correct Answer
c) a sub-unit of a region, there are typically multiple AZs per region
Question 12
Each major cloud provider labels the platforms 'allocation metadata' a specific way.
How does GCP name the allocation metadata?
Correct Answer
labels and billing accounts
Question 13
Multiple Selection :
Which of the following is true regarding teams working in FinOps organizations?
(Select two)
a) teams have different motivators that drive spend and savings
b) finance should lead the finops teams
c) all teams have a role to play in finops
d) finops is a decentralized structure and it should reflect in the teams
Correct Answer
a) teams have different motivators that drive spend and savings
c) all teams have a role to play in finops
Page 4 of 129
Phlebotomy Exam Questions and Answers
Question 1
True or False:
Distributed decision making coupled with the move to variable spending in cloud
allows technology teams to efficiently partner with finance and business teams to
make informed decisions that drive continual optimization.
Correct Answer
true
Question 2
In regards to the FinOps Maturity Model Guidelines which of the following statements
would be true regarding the Maturity Level Characteristics for 'Run':
a) measurements only provide insight into the benefits of maturing the capability
b) automation and/or processes cover most of the capability requirements
c) automation is not always the preferred approach
d) capability is understood and followed by all teams within the organization
Correct Answer
d) Capability is understood and followed by all teams within the organization
Question 3
True or False:
FinOps is about saving money.
Correct Answer
false
Page 1 of 129
, Phlebotomy exam
Question 4
Which of the following statements would be correct about Weighted Average Cost of
Capital?
a)this rate is set by internal markets
b) this is the rate the company is expected to pay on average to all its employees to
finance the operation of the business
c) this is the rate the company is expected to pay on average to all its securities
holders to finance the operation of business
d) this rate is set by the shareholders
Correct Answer
c) This is the rate the company is expected to pay on average to all its securities
holders to finance the operation of the business.
Question 5
In Cloud Computing some costs can be considered fixed and some are variable.
Which of the following costs would generally a fixed costs, meaning predictable
monthly or annual costs?
a) consulting costs
b) on demand instance
c) support and maintenance
d) storage costs
Correct Answer
c) support and maintenance
Question 6
_____________ or ____________is the foundation of telling apart workloads in the cloud,
identifying ownership, and attributing costs to teams.
a) segmenting or labeling
b) labeling or segmenting
c) tagging or identifying
d) tagging or labeling
Correct Answer
d) tagging or labeling
Page 2 of 129
, Phlebotomy exam
Question 7
Multiple Selection : (Select two)
Your business unit has decided to use GCP for its cloud services for production. Other
business units have been GCP for both development and production use cases. You
have been asked to provide tools in GCP that can provide recommendations for
reducing costs and getting insight into better ways of resource management. What
tools in GCP could you identify?
a) cost explorer
b) commitment analysis
c) trusted advisor
d) recommender
Correct Answer
b) commmitment analysis
d) recommender
Question 8
what is the simple formula for cloud spending?
Correct Answer
spend = usage X rate
Question 9
Multiple Selection : Select all the correct options.
When managing cloud costs specifically around containers there are several things in
Google Cloud we can do to manage costs and identify these costs. Which of the
following would be ways we could break down costs?
a) labels
b) availability zones
c) namespaces
d) billing hierarchy
Correct Answer
a) labels
c) namespaces
d) billing hierarchy
Page 3 of 129
, Phlebotomy exam
Question 10
True or False:
In regards to cloud forecasting there is no one forecasting method that fits all
situations.
Correct Answer
true
Question 11
An Availability Zone in AWS is defined as?
a) a sub-unit of an aws account, there are typically multiple AZs per account
b) a sub-unit of a region, there are one AZ per region
c) a sub-unit of a region, there are typically multiple AZs per region
d) a sub-unit of POP, there are typically one AZ per POP
Correct Answer
c) a sub-unit of a region, there are typically multiple AZs per region
Question 12
Each major cloud provider labels the platforms 'allocation metadata' a specific way.
How does GCP name the allocation metadata?
Correct Answer
labels and billing accounts
Question 13
Multiple Selection :
Which of the following is true regarding teams working in FinOps organizations?
(Select two)
a) teams have different motivators that drive spend and savings
b) finance should lead the finops teams
c) all teams have a role to play in finops
d) finops is a decentralized structure and it should reflect in the teams
Correct Answer
a) teams have different motivators that drive spend and savings
c) all teams have a role to play in finops
Page 4 of 129
