Tag - FOCP exam

Which of the following are not considered goals of the FinOps journey? (Select Two)A . Efficiency B. Benchmarking C. Forecasting D. Visibility E. SLO's F. AllocationView AnswerAnswer: A,E Explanation: The Inform Phase of the FinOps journey is about understanding the current state of your system. Due to the on-demand and...

Which of the following would be correct when comparing TBM to FinOps? (Select Three)A . TBM takes a top-down view whereas FinOps takes a more bottoms up view. B. FinOps has great controls into cloud, granularity, and prescriptive methods but does not include decision data. C. FinOps focuses on cloud...

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)A . Inform, Operate and Optimize B. Inform, Optimize and Operate C. Optimize, Inform, Operate D. Optimize, Operate,...

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...

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. FixedView AnswerAnswer: A,B,E Explanation: There are typically three ways to split up shared costs: Proportional: Based on relative percentage...

Which of the following statements would be true regarding FinOps? (Select One)A . FinOps ensures that you get the best performance out of every service used in the cloud B. FinOps ensures that your financial team manages cloud spending C. FinOps ensures you get the most use out of every...

Which of the following are phases in the FinOPS Lifecycle? (Select Three)A . Perform B. Operationalize C. Implement D. Identify E. InformView AnswerAnswer: B,D,E Explanation: According to the FinOps Foundation the FinOps journey consists of three iterative phases ― Inform, Optimize and Operate. Any company may be in multiple phases...

Each major cloud provider labels the platforms 'allocation metadata' a specific way. How does AWS name the allocation metadata? (Select One)A . “Resource tags”, “Linked Accounts” and “groups” B. “Subscription'. 'Labels” and “billing accounts” C. “Resource tags”, “Linked Accounts” and “Organizations” D. “Subscriptions”, “resource groups” and “resource tags”View AnswerAnswer: C...