FinOps Certified Practitioner FOCP Certification Questions 2023 To Ensure Success

Jonnie Karnath2023-03-10T02:53:09+00:00

Want to get success in your FinOps Certified Practitioner exam? By using FinOps Certified Practitioner FOCP certification questions, you increase your chances of passing the exam on your first attempt. They provide valuable insights into the exam format, the types of questions you can expect to encounter, and the key concepts you need to know to succeed. The significant benefit of The Linux Foundation FOCP certification questions is their ability to help you achieve brilliant exam results. They provide you with the knowledge and skills necessary to perform at your best, giving you the confidence you need to ace the exam.

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1. In a FinOps based organization spending is a concern only for finance team and the FinOps team members. (True or False)

False

True

2. Which of the following statements would be true regarding deploying Kubernetes clusters concerning cost complexity. (Select Two)

The average lifespan of a container being one day versus a typically much longer utilization time for a VM

Allocating costs in a container environment can provide less challenges than traditional cloud environments

The traditional approach to billing for managed Kubernetes services is to charge per node

Generally organizations have multiple teams consuming portions of those underlying container resources.

3. 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)

True

False

4. What would be some common names that could used for a FinOps team? (Select Three)

Cloud Economics Team

Cloud Support Office

Cloud Center of Excellence

Cloud Business Office

Chief Information Office

5. Which of the following is NOT part of the FinOps Maturity Model? (Select One)

Crawl

Walk

Sprint

Run

6. 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 Engineering Lead? (Select One)

Deliver faster and high quality services to the organization, whilst maintaining business as usual

Accurately budget, forecast and report cloud costs

Leverage technology to give the business a market and competitive advantage

Quickly bring new products and features to market with an accurate price point.

7. What is the correct definition of an image? (Select One)

A group of server instances, managed by container orchestration.

A template of a container with the software that needs to be run.

Virtual cluster where pods/containers can be deployed separately from other namespaces.

Cloud server (e.g., EC2 instance, virtual machine).

8. 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)

Practice Formation

Do Your Research

Build a Toolbox

Create a Plan

9. 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 a Chief Technology Officer (CTO)? (Select One)

Quickly bring new products and features to market with an accurate price point.

Deliver faster and high quality services to the organization, whilst maintaining business as usual

Cloud platform relationship management

Leverage technology to give the business a market and competitive advantage

10. Which of the following a native tool in AWS that we would use in our FinOps exercises to understand costing issues, get recommendations, etc.

Cost and Usage Reports

Cost Explorer

Trusted Advisor

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11. Which of the following would be correct when comparing TBM to FinOps? (Select Three)

TBM takes a top-down view whereas FinOps takes a more bottoms up view.

FinOps has great controls into cloud, granularity, and prescriptive methods but does not include decision data.

FinOps focuses on cloud processes, cloud data, and cloud execution whereas TBM provides the general ledger (GL) data (labor costs, licensing, revenue data).

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.

FinOps and TBM are not complementary so its a best practice to choose one or the other

FinOps takes a top-down view whereas TBM takes a more bottoms up view.

12. When rightsizing your containers which of following would be focused on responding dynamically to different conditions? (Select One)

Autoscaling

Load Balancing

Cluster Rightsizing

Node Rightsizing

13. Please refer to the graphic of the Phases of the FinOps Lifecycle for this question

What is the correct order of the FinOps Lifecycle phases? Please replace 1,2,3 with correct sequence (Select One)

Inform, Operate and Optimize

Inform, Optimize and Operate

Optimize, Inform, Operate

Optimize, Operate, Inform

14. What is the name of the resource you would look at to identify the full list of the columns that can appear in AWS Cost and Usage Reports (AWS CUR) and the services that the columns apply to? (Select One)

Data Dictionary

S3 Repository

Organization Resource

Billing Statement

15. 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)

Labels

Availability Zones

Namespaces

Billing Hierarchy

16. Your business unit has decided to use AWS for its cloud services for production. Other business units have been AWS for both development and production use cases. You have been asked to provide tools in AWS that can provide recommendations for reducing costs and getting insight into better ways of resource management.

What tools in AWS could you identify? (Select Two)

Stackdriver

Cost Explorer

Recommender

Trusted Advisor

17. There are effectively two 'levers' that are used to reduce costs in cloud computing.

What are they? (Select Two)

Restructuring Costs

Mitigating Costs

Avoiding Costs

Reducing Costs

18. Should the FinOps team be a gatekeeper to cloud spending? (Select One)

Yes

19. Which of the following roles/personas would be responsible for 'Rate Negations' with a cloud provider? (Select One)

Procurement

Engineering

Office of the CFO

IT Finance Manager

20. Each major cloud provider labels the platforms 'allocation metadata' a specific way.

How does AWS name the allocation metadata? (Select One)

“Resource tags”, “Linked Accounts” and “groups”

“Subscription'. 'Labels” and “billing accounts”

“Resource tags”, “Linked Accounts” and “Organizations”

“Subscriptions”, “resource groups” and “resource tags”

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21. What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)

Right-Sizing

Cost Avoidance

Cost Reduction

Provisioning

22. 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 a Chief Executive Officer (CEO)? (Select One)

Assurance that cloud investments are aligned with business objectives

Quickly bring new products and features to market with an accurate price point.

Leverage technology to give the business a market and competitive advantage

Drive best practices into the organization through education, standardization, and cheerleading

23. What service on AWS would use to download and store the Cost and Usage report on so you can query it? (Select One)

Redshift

Athena

RDS

24. Which of the following are the FinOps sponsored Maturity Assessment Model steps/phases? (Select Three)

Evaluate

Run

Walk

Crawl

Assess

25. What is the primary goal of a FinOps Practitioner in an organization? (Select One)

Drive best practices into the organization through cost cutting, standardization, and cheerleading

Drive best practices into the organization through education, standardization and cheerleading.

Drive best practices into the organization through education, optimization and documentation.

Drive best practices into the organization through cost cutting, strict management and data disbursement.

26. 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)

The Cloud Cost Center of Excellence (CCoE) makes all decisions around cloud spending

FinOps processes enable these teams to operate at high velocity while improving the profits of the company.

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.

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.

27. AWS provides what is called a 'Blended Rate' on its invoices.

What is the blended rate showing? (Select One)

Shows the variable rate for a group of resources with the variable attributes.

Shows the effective rate for a group of resources with different attributes.

Shows the effective rate for a group of resources with the same attributes.

Shows the variable rate for a group of resources with the same attributes.

28. Which of the following statements would be true regarding a FinOps practice? (Select One)

At its core, FinOps is a business practice.

At its core, FinOps is a cultural practice.

At its core, FinOps is both a cultural and business practice.

At its core, FinOps is a DevOps practice.

29. Which of the following is the FinOps simple definition of 'forecasting'. (Select One)

Forecasting is the practice of predicting future spending

Forecasting is the practice of predicting future profits

Forecasting is the practice of negotiating future cloud spend

Forecasting is the practice of negotiating future cost overuns

30. Which are the correct FinOps Principles? (Select Six)

A centralized team drives FinOps

Engineering is solely responsible for cloud usage

FinOps reports should be accessible and timely

Teams need to collaborate

Everyone takes ownership of cloud usage

Take advantage of the variable cost model of the cloud

Business Value of cloud drive decisions

All decisions are centralized thru finance

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31. FinOps Principles are north stars that guide the activities of our FinOps practice. They’re developed by FinOps Foundation members, and honed through experience.

When it comes to the FinOps principle of 'A centralized team drives FinOps' which of the following statements would be true? (Select Two)

Centralized discount buying process removes rate negotiations from engineering team consideration

Centrally govern and control Committed Use Discounts, Reserved Instances, and Volume/Custom Discounts with Cloud Providers

Track team-level targets to drive accountability

Never use granular allocation of all costs, direct or shared, to the teams and cost centers responsible for them

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