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Linux Foundation FinOps Certified Practitioner Sample Questions:
1. __________ measures how many dollars of outlay it takes to generate revenue in a specific period.
A) Deprecation
B) Capitalization
C) Costs of goods sold (COGS)
D) Cost allocation
2. 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 is about both finance and creating savings in the world of cloud computing.
D) FinOps brings financial accountability to the variable spend model of cloud.
3. 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)
A) FinOps processes enable these teams to operate at high velocity while improving the profits of the company.
B) 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.
C) The Cloud Cost Center of Excellence (CCoE) makes all decisions around cloud spending
D) 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.
4. This domain contains the capabilities used to change and adjust the organization itself to use cloud so it will most benefit the organization.
A) Performance Tracking & Benchmarking
B) Real-Time Decision Making
C) Organizational Alignment
D) Cloud Rate Optimization
5. A key role toward building FinOps adoption is the Driver? (True or False)
A) False
B) True
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: B |
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