Practice Free FOCP Exam Online Questions
This domain includes the capabilities that look at past and current spend, set baselines and budgets, and then forecast spend.
- A . Cloud Usage Optimization
- B . Performance Tracking & Benchmarking
- C . Organizational Alignment
- D . Understanding Cloud Usage & Cost
According to the FinOps Foundation there are very specific roles/personas. For the role of a product owner what would be the ‘Primary Goal’? (Select One)
- A . Cloud platform relationship management
- B . Deliver faster and high quality services to the organization, whilst maintaining business as usual
- C . Accurately budget, forecast and report cloud costs
- D . Quickly bring new products and features to market with an accurate price point.
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 . Resevations
- C . Showback
- D . Allocation
- E . Turnback
In which phase of the FinOps lifecycle would the FinOps team execute the purchase of a commitment based discount determined to meet the threshold of their commitment purchasing metric?
- A . Inform
- B . Optimize
- C . Operate
When do you reach the end of the FinOps lifecycle?
- A . Never, it is a continuous process
- B . Once you achieve the Run level in each function
- C . When all waste is eliminated
- D . Once all workloads are migrated to the cloud
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 culture and creating savings in the world of cloud computing.
- C . FinOps brings financial accountability to the variable spend model of cloud.
- D . FinOps is about both finance and creating savings in the world of cloud computing.
When prioritizing in the FinOps practice, use __________ to choose actions that most impact the overall value to the organization.
- A . The Pareto Principle
- B . Workload management
- C . The Cloud FinOps book
- D . Hick’s Law
Which of the following are the three ways that we would be able to split up shared costs? (Select Three)
- A . Proportional
- B . Even Split
- C . Complex Split
- D . Indirect
- E . Fixed
Which of the following methods would we use if we wanted to ensure ‘a user defined coefficient’ ? (Select One)
- A . Target Split
- B . Fixed
- C . Even Split
- D . Proportional
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