Linux Foundation FinOps Certified Practitioner : FOCP

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Linux Foundation FinOps Certified Practitioner Sample Questions:

1. The FinOps team's skills in the capabilities will grow from basic to greater mastery over time as they move through the FinOps lifecycle.
This concept is best described as:

A) On-Premises, Hybrid, Cloud
B) Crawl, Walk, Run
C) Principles, Capabilities, Phases
D) Inform, Optimize, Operate

2. In FinOps decisions are driven by the business value of the cloud? True or False?

A) True
B) False

3. 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)

A) Labels
B) Availability Zones
C) Billing Hierarchy
D) Namespaces

4. Your FinOps lead has requested all cloud expenses and would like to understand all costs realized and paid for this quarter.
What type of expense would consider this? (Select One)

A) Costs of Goods Sold (COGS)
B) Capital Expenditure (CAPEX)
C) Weighted Average Cost of Capital (WACC)
D) Operational Expenditure (OPEX)

5. There are effectively two 'levers' that are used to reduce costs in cloud computing.
What are they? (Select Two)

A) Avoiding Costs
B) Restructuring Costs
C) Reducing Costs
D) Mitigating Costs

Solutions: