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New Linux Foundation FOCP Dumps & Questions Updated on 2023
NEW QUESTION 53
A key role toward building FinOps adoption is the Driver? (True or False)
- A. True
- B. False
Answer: A
NEW QUESTION 54
What is FinOps really about at its fundamental level? (Select One)
- A. Saving money on cloud costs
- B. Drive business value
- C. Centralized procurement
- D. Reduce staff
Answer: B
NEW QUESTION 55
Your currently working with the head of finance to understand how to identify specific cloud usage to specific business units.
What would we use to account for costs for each business units and then debit the business unit for the cloud usage?
- A. Chargeback
- B. Allocation
- C. Turnback
- D. Resevations
- E. Showback
Answer: A
NEW QUESTION 56
In FinOps decisions are driven by the business value of the cloud? True or False?
- A. True
- B. False
Answer: A
NEW QUESTION 57
When comparing TBM and FinOps, which one would focus on results mainly on speed? (Select One)
- A. TBM
- B. FinOps
Answer: B
NEW QUESTION 58
Which of the following methods would we use if we wanted to ensure 'a user defined coefficient' ? (Select One)
- A. Target Split
- B. Even Split
- C. Proportional
- D. Fixed
Answer: D
NEW QUESTION 59
Which of the following is an open source container management platform that we use in the cloud routinely? (Select One)
- A. Terraform
- B. Linux
- C. Windows
- D. Kubernetes
Answer: D
NEW QUESTION 60
Which phase of the FinOps cycle is where continuous optimization should really occur? (Select One)
- A. Operate
- B. Optimize
- C. Inform
Answer: A
NEW QUESTION 61
Your organization has recently adopted a FinOps based method for dealing with adopting FinOps. Currently, your organization has recently completed 'Laying the Groundwork' for FinOps culture in your company.
What would the next stage for the organization to accomplish? (Select One)
- A. Preparing the organization for FinOps
- B. Planning for FinOps in an Organization
- C. Enforcing mandates for cloud spend.
- D. Socializing FinOps for adoption in an organization
Answer: D
NEW QUESTION 62
What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)
- A. Right-Sizing
- B. Cost Avoidance
- C. Cost Reduction
- D. Provisioning
Answer: A
NEW QUESTION 63
What is the primary goal of a FinOps Practitioner in an organization? (Select One)
- A. Drive best practices into the organization through cost cutting, strict management and data disbursement.
- B. Drive best practices into the organization through cost cutting, standardization, and cheerleading
- C. Drive best practices into the organization through education, standardization and cheerleading.
- D. Drive best practices into the organization through education, optimization and documentation.
Answer: C
NEW QUESTION 64
'Manage Commitment Based Discounts' would be under what domain according to the FinOps Foundation? (Select One)
- A. Performance Tracking and Benchmarking
- B. Cloud Rate Optimization
- C. Organizational Alignment
- D. Cloud Usage Optimization
Answer: B
NEW QUESTION 65
FinOps is about saving money. (True or False)
- A. True
- B. False
Answer: B
NEW QUESTION 66
Which of following is a simple formula for cloud spending? (Select One)
- A. Spend = Usage × Zone x Rate - Discount
- B. Spend = Usage × Rate -Discounts
- C. Spend = Usage × Rate
- D. Spend = Discount × Rate
Answer: C
NEW QUESTION 67
Which of the following would be the most direct description of what FinOps is about? (Select One)
- A. FinOps brings administrative accountability to the variable spend model of cloud.
- B. FinOps is about both finance and creating savings in the world of cloud computing.
- C. FinOps is about both culture and creating savings in the world of cloud computing.
- D. FinOps brings financial accountability to the variable spend model of cloud.
Answer: D
NEW QUESTION 68
What is Technology Business Management (TBM)? (Select One)
- A. TBM is a value management framework for decision making.
- B. TBM is a cost management framework for accountants
- C. TBM is a value management framework for cost management
- D. TBM is an engineering framework used for FinOps
Answer: A
NEW QUESTION 69
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. Build a Toolbox
- B. Do Your Research
- C. Practice Formation
- D. Create a Plan
Answer: B,D
NEW QUESTION 70
Should the FinOps team be a gatekeeper to cloud spending? (Select One)
- A. No
- B. Yes
Answer: A
NEW QUESTION 71
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 90% or above
- C. The cloud cost reporting ecosystem becomes a fundamental aspect of the IT department
- D. Overall Tagging Compliance is 70% or above
Answer: B,C
NEW QUESTION 72
Which of the following roles/personas would be responsible for 'Rate Negations' with a cloud provider? (Select One)
- A. Office of the CFO
- B. IT Finance Manager
- C. Engineering
- D. Procurement
Answer: D
NEW QUESTION 73
'IT Asset Management' would be under what domain according to the FinOps Foundation? (Select One)
- A. Understanding Cloud Usage and Cost
- B. Performance Tracking and Benchmarking
- C. Cloud Rate Optimization
- D. Cloud Usage Optimization
Answer: A
NEW QUESTION 74
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. Availability Zones
- B. Labels
- C. Namespaces
- D. Billing Hierarchy
Answer: B,C,D
NEW QUESTION 75
Which of the following are phases in the FinOPS Lifecycle? (Select Three)
- A. Inform
- B. Identify
- C. Implement
- D. Perform
- E. Operationalize
Answer: A,B,E
NEW QUESTION 76
'Establish FinOps Culture' would be under what domain according to the FinOps Foundation? (Select One)
- A. Real-Time Decision Making
- B. Organizational Alignment
- C. Understanding Cloud Usage and Cost
- D. Cloud Usage Optimization
Answer: B
NEW QUESTION 77
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. On Demand Instance
- B. Support and Maintenance
- C. Consulting Costs
- D. Storage Costs
Answer: B
NEW QUESTION 78
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