Linux Foundation FOCP Practice Verified Answers - Pass Your Exams For Sure! [2023]
Valid Way To Pass FinOps Certified's FOCP Exam
NEW QUESTION 42
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? (Select One)
- A. Consulting Costs
- B. On Demand Instance
- C. Support and Maintenance
- D. Storage Costs
Answer: C
NEW QUESTION 43
What service on AWS would use to download and store the Cost and Usage report on so you can query it? (Select One)
- A. Redshift
- B. S3
- C. Athena
- D. RDS
Answer: B
NEW QUESTION 44
FinOps as we likely learned requires a culture shift in how our organization addresses cloud spend.
Which of the following would be a true statement regarding the decision making in a FinOps organization? (Select One)
- A. Centralized 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.
- B. The Cloud Cost Center of Excellence (CCoE) makes all decisions around cloud spending
- C. 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.
- D. FinOps processes enable these teams to operate at high velocity while improving the profits of the company.
Answer: C
NEW QUESTION 45
Which phase of the FinOps cycle is where continuous optimization should really occur? (Select One)
- A. Inform
- B. Optimize
- C. Operate
Answer: C
NEW QUESTION 46
Which of the following is the FinOps simple definition of 'forecasting'. (Select One)
- A. Forecasting is the practice of negotiating future cloud spend
- B. Forecasting is the practice of predicting future spending
- C. Forecasting is the practice of negotiating future cost overuns
- D. Forecasting is the practice of predicting future profits
Answer: B
NEW QUESTION 47
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? (Select Three)
- A. Billing Hierarchy
- B. Namespaces
- C. Availability Zones
- D. Labels
Answer: A,B,D
NEW QUESTION 48
Which of the following are considered goals of the FinOps journey? (Select Four)
- A. Forecasting
- B. Budgeting
- C. SLOs
- D. Efficiency
- E. Visibility
- F. Benchmarking
Answer: A,B,E,F
NEW QUESTION 49
'Establish FinOps Culture' would be under what domain according to the FinOps Foundation? (Select One)
- A. Cloud Usage Optimization
- B. Understanding Cloud Usage and Cost
- C. Organizational Alignment
- D. Real-Time Decision Making
Answer: C
NEW QUESTION 50
Which of the following would be considered a 'measure of success' for a FinOps based organization? (Select Two)
- A. FinOps team can define desired level of training requirements
- B. Overall Tagging Compliance is 70% or above
- C. The cloud cost reporting ecosystem becomes a fundamental aspect of the IT department
- D. Overall Tagging Compliance is 90% or above
Answer: C,D
NEW QUESTION 51
Under the FinOps Principles are 6 activities.
Which activities would fit under ' Decisions are driven by business value of cloud'? (Select Three)
- A. Internal team benchmarking drives best practices and celebrates wins
- B. Rightsizing instances and services help drive appropriate resourcing levels
- C. Industry peer-level benchmarking determines how your company is performing
- D. Track team-level targets to drive accountability
- E. Trending and variance analysis helps to understand why costs increased
Answer: A,C,E
NEW QUESTION 52
There are effectively two 'levers' that are used to reduce costs in cloud computing.
What are they? (Select Two)
- A. Mitigating Costs
- B. Avoiding Costs
- C. Reducing Costs
- D. Restructuring Costs
Answer: B,C
NEW QUESTION 53
A centralized FinOps team should be able to drive FinOps. True or False (Select One)
- A. True
- B. False
Answer: A
NEW QUESTION 54
Which of the following would be correct when comparing TBM to FinOps? (Select Three)
- A. FinOps takes a top-down view whereas TBM takes a more bottoms up view.
- B. FinOps has great controls into cloud, granularity, and prescriptive methods but does not include decision data.
- C. TBM takes a top-down view whereas FinOps takes a more bottoms up view.
- D. FinOps and TBM are not complementary so its a best practice to choose one or the other
- E. FinOps focuses on cloud processes, cloud data, and cloud execution whereas TBM provides the general ledger (GL) data (labor costs, licensing, revenue data).
- F. FinOps looks to the fully-burdened all-up view of IT spend whereas TBM looks at hourly costing and identifies infrastructure anomalies in real-time.
Answer: B,C,E
NEW QUESTION 55
When considering shared costs we know that there are three main ways to accomplish this according to the FinOps Foundation.
What approach would we want to use if we wanted to use a 'relative percentage of direct costs' for our costs? (Select One)
- A. Proportional
- B. Fixed
- C. Odd Split
- D. Even Split
Answer: A
NEW QUESTION 56
Which of the following are some common reasons it can be harder to bill and report on Kubernetes costs? (Select Two)
- A. Containerized environments are much more dynamic than non-containerized ones
- B. Containerized environments are less dynamic than non-containerized ones
- C. One-to-one mappings of tags to specific teams do not allows cover some of the complex use cases that container utilization can create.
- D. Kubernetes clusters are never shared with applications run by any number of teams
Answer: A,C
NEW QUESTION 57
The CFO has just approached the FinOps team members and requested that all costs that are being submitted and analyzed should be amortized. The CFO also requested that the costs be allocated to each business unit. Would this be a best practice? (True or False)
- A. True
- B. False
Answer: A
NEW QUESTION 58
What would be some common names that could used for a FinOps team? (Select Three)
- A. Cloud Support Office
- B. Cloud Center of Excellence
- C. Cloud Economics Team
- D. Cloud Business Office
- E. Chief Information Office
Answer: B,C,D
NEW QUESTION 59
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