FINOPS CERTIFIED PRACTITIONER FOCP
ACTUAL EXAM QUESTIONS AND CORRECT
ANSWERS GRADED A+
⩥ 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
Answer: d) Capability is understood and followed by all teams within
the organization
⩥ True or False:
FinOps is about saving money.
Answer: false
,⩥ 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
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.
⩥ 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
Answer: c) support and maintenance
,⩥ _____________ 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
Answer: d) tagging or labeling
⩥ 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
Answer: b) commmitment analysis
d) recommender
, ⩥ what is the simple formula for cloud spending?
Answer: spend = usage X rate
⩥ 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
Answer: a) labels
c) namespaces
d) billing hierarchy
⩥ True or False:
In regards to cloud forecasting there is no one forecasting method that
fits all situations.
Answer: true
ACTUAL EXAM QUESTIONS AND CORRECT
ANSWERS GRADED A+
⩥ 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
Answer: d) Capability is understood and followed by all teams within
the organization
⩥ True or False:
FinOps is about saving money.
Answer: false
,⩥ 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
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.
⩥ 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
Answer: c) support and maintenance
,⩥ _____________ 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
Answer: d) tagging or labeling
⩥ 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
Answer: b) commmitment analysis
d) recommender
, ⩥ what is the simple formula for cloud spending?
Answer: spend = usage X rate
⩥ 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
Answer: a) labels
c) namespaces
d) billing hierarchy
⩥ True or False:
In regards to cloud forecasting there is no one forecasting method that
fits all situations.
Answer: true
