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  1. Home
  2. Linux Foundation
  3. FinOps Certified Practitioner
  4. LinuxFoundation.FOCP.v2024-09-14.q85
  5. Question 1

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Question 1/85

What is a FinOps leader responsible for?

Correct Answer: C

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Other Question (85q)
Q1. What is a FinOps leader responsible for?
Q2. FinOps capabilities are: __________.
Q3. The FinOps team's skills in the capabilities will grow from basic to greater mastery over ...
Q4. What is the name of the file format used in AWS Cost and Usage reports? (Select One)...
Q5. Your FinOps lead has requested all cloud expenses and would like to understand all costs r...
Q6. Workload Management & Automation reminds us to run resources in the cloud __________....
Q7. 'Establish FinOps Culture' would be under what domain according to the FinOps Foundation? ...
Q8. 'Establish FinOps Culture' would be under what domain according to the FinOps Foundation? ...
Q9. Before addressing other goals in the Optimize phase, what should you have in place?...
Q10. AWS has a wealth of FinOps capabilities that we could use as an AWS user. Which of the fol...
Q11. Your business unit has decided to use Azure for its cloud services for production. Other b...
Q12. When proposing the adoption of a FinOps function within an organization, there will be a n...
Q13. FinOps Principles are north stars that guide the activities of our FinOps practice. They'r...
Q14. Which of these is NOT a feature of FinOps?
Q15. When rightsizing your containers which of following would be focused on responding dynamic...
Q16. Which of the following methods would we use if we wanted to ensure 'a user defined coeffic...
Q17. Distributed decision making coupled with the move to variable spending in cloud allows tec...
Q18. Your currently working with the head of finance to understand how to identify specific clo...
Q19. In the world of FinOps the process of spreading out shared costs is iterative, and evolves...
Q20. __________ is critical to making the FinOps team successful....
Q21. Which of the following a native tool in AWS that we would use in our FinOps exercises to u...
Q22. Which of the following would be correct when comparing TBM to FinOps? (Select Three)...
Q23. User Which team typically manages the technical aspects of cloud adoption?...
Q24. AWS provides what is called a 'Blended Rate' on its invoices. What is the blended rate sho...
Q25. This term describes the amount of a commitment-based discount that went unused for a given...
Q26. You have started working a new role in an organization that practices FinOps. Your new rol...
Q27. What is Technology Business Management (TBM)? (Select One)...
Q28. Which of the following roles/personas would be responsible for 'Rate Negations' with a clo...
Q29. Which of the following statements would be correct about Weighted Average Cost of Capital?...
Q30. In a FinOps based organization spending is a concern only for finance team and the FinOps ...
Q31. A centralized FinOps team should be able to drive FinOps. True or False (Select One)...
Q32. Under the FinOps Principles are 6 activities. Which activities would fit under ' Decisions...
Q33. In regards to the FinOps Maturity Model Guidelines which of the following statements would...
Q34. When proposing the adoption of a FinOps function within an organization, there will be a n...
Q35. Advocating for new practices and driving common education across the organization are good...
Q36. Which of following is a simple formula for cloud spending? (Select One)...
Q37. FinOps is about saving money. (True or False)
Q38. Business value of cloud drives decisions" is one of the core principles of FinOps....
Q39. Which of the following methods would we use if we wanted to ensure 'a user defined coeffic...
Q40. Which of the following statements would be true regarding FinOps? (Select One)...
Q41. The spending patterns have changed quite a bit when compared to on premises consumption mo...
Q42. When prioritizing in the FinOps practice, use __________ to choose actions that most impac...
Q43. User Who should be involved in the creation and maintenance of a tagging or labelling stra...
Q44. When considering shared costs we know that there are three main ways to accomplish this ac...
Q45. Which of the following would be considered a 'measure of success' for a FinOps based organ...
Q46. Which of the following are the three ways that we would be able to split up shared costs? ...
Q47. You have been asked to assemble the first FinOps team for your company. What would be two ...
Q48. This domain includes the capabilities that look at past and current spend, set baselines a...
Q49. What term is used to describe the ability to identify and allocate costs to the appropriat...
Q50. Which approach might convince engineers to take concrete action toward cost optimization?...
Q51. You have been asked to assemble the first FinOps team for your company. What would be two ...
Q52. Which of the following are the FinOps sponsored Maturity Assessment Model steps/phases? (S...
Q53. The CFO has just approached the FinOps team members and requested that all costs that are ...
Q54. Which of the following methods would we use if we wanted to ensure 'a user defined coeffic...
Q55. FinOps is about saving money. (True or False)
Q56. What is the primary goal of a FinOps Practitioner in an organization? (Select One)...
Q57. Which of the following are not considered goals of the FinOps journey? (Select Two)...
Q58. How often do you perform or cycle through the FinOps lifecycle?...
Q59. 'IT Asset Management' would be under what domain according to the FinOps Foundation? (Sele...
Q60. Which of the following are considered goals of the FinOps journey? (Select Four)...
Q61. When comparing TBM and FinOps, which one would focus on results mainly on speed? (Select O...
Q62. Which FinOps process is typically associated with the Inform phase?...
Q63. Within the new cloud reality for IT, spending is typically defined as __________....
Q64. Using public cloud is fundamentally different from using traditional data centers because ...
Q65. What term would we use to define the act of changing the size of provisioned resources to ...
Q66. When a resource charge is discounted by a reservation what would that usage be called? (Se...
Q67. Which of the following statements would be true regarding deploying Kubernetes clusters co...
Q68. A key role toward building FinOps adoption is the Driver? (True or False)...
Q69. Your FinOps leader and mentor has reached out to you to find out more about Azure Capabili...
Q70. FinOps is the practice you will use to achieve value in the cloud, by bringing together fi...
Q71. Which of the following statements would be true regarding FinOps? (Select One)...
Q72. There are effectively two 'levers' that are used to reduce costs in cloud computing. What ...
Q73. What is FinOps really about at its fundamental level? (Select One)...
Q74. Cloud Forecasting can be a challenge, especially in large disparate organizations. Central...
Q75. Please refer to the graphic of the Phases of the FinOps Lifecycle for this question What i...
Q76. Which of following is a simple formula for cloud spending? (Select One)...
Q77. Cloud Unit Economics can be defined as a system of profit maximization based on objective ...
Q78. FinOps Principles are north stars that guide the activities of our FinOps practice. These ...
Q79. Which of these describes the primary goal/motivation of the Product Owner persona?...
Q80. Your business unit has decided to use Azure for its cloud services for production. Other b...
Q81. 'Manage Commitment Based Discounts' would be under what domain according to the FinOps Fou...
Q82. The FinOps lifecycle is conceptually similar to which other methodologies?...
Q83. Which of these can be an effective way to encourage teams to take optimization actions?...
Q84. Which of the following would be the correct description of what a 'cluster' is in Kubernet...
Q85. Which of the following would be the most direct description of what FinOps is about? (Sele...
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