FinOps Certified FOCP Dumps Full Questions with Free PDF Questions to Pass
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NEW QUESTION # 58
In regards to cloud forecasting there is no one forecasting method that fits all situations.(True/False)
- A. False
- B. True
Answer: B
NEW QUESTION # 59
Which of the following are considered goals of the FinOps journey? (Select Four)
- A. Efficiency
- B. Benchmarking
- C. SLOs
- D. Forecasting
- E. Visibility
- F. Budgeting
Answer: B,D,E,F
NEW QUESTION # 60
Which of the following methods would we use if we wanted to ensure 'a user defined coefficient' ? (Select One)
- A. Target Split
- B. Proportional
- C. Even Split
- D. Fixed
Answer: D
NEW QUESTION # 61
What is the name of the file format used in AWS Cost and Usage reports? (Select One)
- A. CAR
- B. DBR
- C. CSV
- D. CUR
Answer: D
NEW QUESTION # 62
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 the procurement business unit? (Select One)
- A. Drive best practices into the organization through education, standardization, and cheerleading
- B. Quickly bring new products and features to market with an accurate price point.
- C. Cloud platform relationship management
- D. Assurance that cloud investments are aligned with business objectives
Answer: C
NEW QUESTION # 63
'Manage Commitment Based Discounts' would be under what domain according to the FinOps Foundation? (Select One)
- A. Cloud Usage Optimization
- B. Performance Tracking and Benchmarking
- C. Cloud Rate Optimization
- D. Organizational Alignment
Answer: C
NEW QUESTION # 64
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. False
- B. True
Answer: B
NEW QUESTION # 65
When rightsizing your containers which of following would be focused on responding dynamically to different conditions? (Select One)
- A. Load Balancing
- B. Autoscaling
- C. Node Rightsizing
- D. Cluster Rightsizing
Answer: B
NEW QUESTION # 66
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. Recommender
- B. Trusted Advisor
- C. Azure Advisor
- D. Azure has only one tool
Answer: C,D
NEW QUESTION # 67
FinOps Principles gives us what are called___________________to help guide our activities in FinOps. (Select One)
- A. Guiding Lights
- B. North Pole
- C. Auroras
- D. North Stars
Answer: D
NEW QUESTION # 68
Which of the following is an open source container management platform that we use in the cloud routinely? (Select One)
- A. Windows
- B. Kubernetes
- C. Linux
- D. Terraform
Answer: B
NEW QUESTION # 69
AWS has a wealth of FinOps capabilities that we could use as an AWS user.
Which of the following AWS Services would we use to track costs and usage and send alerts when a threshold is exceeded? (Select One)
- A. EC2 Cost Optimizer
- B. AWS Anomaly Detection
- C. AWS Cost Explorer
- D. AWS Budgets
Answer: D
NEW QUESTION # 70
Which of the following is true regarding teams working in FinOps organizations? (Select Two)
- A. Finance should lead the FinOps Teams.
- B. FinOps is a decentralized structure and it should reflect in the teams.
- C. All teams have a role to play in FinOps.
- D. Teams have different motivators that drive spend and savings.
Answer: C,D
NEW QUESTION # 71
Under the FinOps Principles are 6 activities.
Which activities would fit under ' Decisions are driven by business value of cloud'? (Select Three)
- A. Industry peer-level benchmarking determines how your company is performing
- B. Rightsizing instances and services help drive appropriate resourcing levels
- C. Internal team benchmarking drives best practices and celebrates wins
- 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 # 72
The FinOps journey consists of three iterative phases - Inform, Optimize and Operate.
Which of the following statements would be a correct description of the Inform Phase? (Select One)
- A. Optimize their cloud footprint. Cloud providers offer multiple levers to optimize.
- B. Empowering organizations and teams with visibility, allocation, benchmarking, budgeting, and forecasting.
- C. Continuously evaluate business objectives and the metrics they are tracking against those objectives, and how they are trending.
Answer: B
NEW QUESTION # 73
What is FinOps really about at its fundamental level? (Select One)
- A. Reduce staff
- B. Centralized procurement
- C. Saving money on cloud costs
- D. Drive business value
Answer: D
NEW QUESTION # 74
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 forecasting models to help provide predicable models for consistency.
- B. Use communications to relay that forecasting is being used for decision making.
- C. Tagging and cost allocation can provide insight into resource spending.
- D. Cloud forecasting is best used in organizations that are not centralized.
- E. Only use cloud provider tools since they are based solely on the cloud platform.
Answer: A,B,C
NEW QUESTION # 75
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 # 76
How has cloud computing impacted enterprise financial operations? (Select Two)
- A. Change from a fixed spending model to a variable spending model
- B. Utilization of CAPEX based procurement
- C. Change from a variable spending model to a fixed spending model
- D. Utilization of an OPEX based procurement
Answer: A,D
NEW QUESTION # 77
You have been asked to assemble the first FinOps team for your company.
What would be two factors you must consider when organizing your team? (Select Two)
- A. Location of your team members
- B. Complexity of the Cloud usage
- C. Complexity of your organization
- D. Cloud provider billing models
Answer: B,C
NEW QUESTION # 78
FinOps is about saving money. (True or False)
- A. False
- B. True
Answer: A
NEW QUESTION # 79
You have started working a new role in an organization that practices FinOps. Your new role has focused on FinOps for some of your duties.
Which of the following would likely be considered a FinOps professionals responsibility? (Select Two)
- A. Continuously monitor and terminate instances that are not used.
- B. Maximize storage use on AWS S3
- C. Maximize the value of the cloud spend.
- D. Continuously improve upon the agreed metrics for efficiency.
Answer: C,D
NEW QUESTION # 80
Your currently adopting FinOps in your organization and are in Stage 1 - Planning for FinOps in an organization.
Which of the following two exercises would be understand Stage 1? (Select Two)
- A. Practice Formation
- B. Build a Toolbox
- C. Create a Plan
- D. Do Your Research
Answer: C,D
NEW QUESTION # 81
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