FOCP Dumps By Pros - 1st Attempt Guaranteed Success
100% Guarantee Download FOCP Exam Dumps PDF Q&A
NEW QUESTION # 25
FinOps Principles gives us what are called___________________to help guide our activities in FinOps. (Select One)
- A. Guiding Lights
- B. Auroras
- C. North Stars
- D. North Pole
Answer: C
NEW QUESTION # 26
Which of following is a simple formula for cloud spending? (Select One)
- A. Spend = Usage × Rate -Discounts
- B. Spend = Discount × Rate
- C. Spend = Usage × Rate
- D. Spend = Usage × Zone x Rate - Discount
Answer: C
NEW QUESTION # 27
Which of the following statements would be true regarding deploying Kubernetes clusters concerning cost complexity. (Select Two)
- A. The traditional approach to billing for managed Kubernetes services is to charge per node
- B. Generally organizations have multiple teams consuming portions of those underlying container resources.
- C. The average lifespan of a container being one day versus a typically much longer utilization time for a VM
- D. Allocating costs in a container environment can provide less challenges than traditional cloud environments
Answer: B,C
NEW QUESTION # 28
What is FinOps really about at its fundamental level? (Select One)
- A. Reduce staff
- B. Drive business value
- C. Centralized procurement
- D. Saving money on cloud costs
Answer: B
NEW QUESTION # 29
Which of the following is the FinOps simple definition of 'forecasting'. (Select One)
- A. Forecasting is the practice of negotiating future cost overuns
- B. Forecasting is the practice of predicting future spending
- C. Forecasting is the practice of negotiating future cloud spend
- D. Forecasting is the practice of predicting future profits
Answer: B
NEW QUESTION # 30
Which of the following are phases in the FinOPS Lifecycle? (Select Three)
- A. Perform
- B. Operationalize
- C. Inform
- D. Identify
- E. Implement
Answer: B,C,D
NEW QUESTION # 31
In a FinOps based organization spending is a concern only for finance team and the FinOps team members. (True or False)
- A. False
- B. True
Answer: A
NEW QUESTION # 32
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. Availability Zones
- B. Namespaces
- C. Labels
- D. Billing Hierarchy
Answer: B,C,D
NEW QUESTION # 33
Which of the following roles/personas would be responsible for 'Rate Negations' with a cloud provider? (Select One)
- A. Procurement
- B. Engineering
- C. IT Finance Manager
- D. Office of the CFO
Answer: A
NEW QUESTION # 34
______________is the idea is to measure cloud spend against a business metric or metrics such as revenue, subscribers, etc.
What is the correct term? (Select One)
- A. Cloud Economics
- B. Micro Economics
- C. Macro Economics
- D. Unit Economics
Answer: D
NEW QUESTION # 35
What is the correct definition of an image? (Select One)
- A. Virtual cluster where pods/containers can be deployed separately from other namespaces.
- B. A group of server instances, managed by container orchestration.
- C. Cloud server (e.g., EC2 instance, virtual machine).
- D. A template of a container with the software that needs to be run.
Answer: D
NEW QUESTION # 36
Your currently working with the head of finance to understand how to identify specific cloud usage to specific business units.
What would we use to account for costs for each business units and then debit the business unit for the cloud usage?
- A. Showback
- B. Turnback
- C. Chargeback
- D. Allocation
- E. Resevations
Answer: C
NEW QUESTION # 37
AWS provides what is called a 'Blended Rate' on its invoices.
What is the blended rate showing? (Select One)
- A. Shows the effective rate for a group of resources with the same attributes.
- B. Shows the variable rate for a group of resources with the variable attributes.
- C. Shows the effective rate for a group of resources with different attributes.
- D. Shows the variable rate for a group of resources with the same attributes.
Answer: A
NEW QUESTION # 38
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 "Organizations"
- B. "Subscriptions", "resource groups" and "resource tags"
- C. "Subscription'. 'Labels" and "billing accounts"
- D. "Resource tags", "Linked Accounts" and "groups"
Answer: A
NEW QUESTION # 39
The FinOps journey consists of three iterative phases - Inform, Optimize and Operate.
Which of the following statements would be a correct description of the Inform Phase? (Select One)
- A. Optimize their cloud footprint. Cloud providers offer multiple levers to optimize.
- B. Continuously evaluate business objectives and the metrics they are tracking against those objectives, and how they are trending.
- C. Empowering organizations and teams with visibility, allocation, benchmarking, budgeting, and forecasting.
Answer: C
NEW QUESTION # 40
AWS has a wealth of FinOps capabilities that we could use as an AWS user.
Which of the following AWS Services would we use to track costs and usage and send alerts when a threshold is exceeded? (Select One)
- A. AWS Budgets
- B. AWS Cost Explorer
- C. AWS Anomaly Detection
- D. EC2 Cost Optimizer
Answer: A
NEW QUESTION # 41
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)
- A. Do Your Research
- B. Create a Plan
- C. Practice Formation
- D. Build a Toolbox
Answer: A,B
NEW QUESTION # 42
'Establish FinOps Culture' would be under what domain according to the FinOps Foundation? (Select One)
- A. Cloud Usage Optimization
- B. Organizational Alignment
- C. Real-Time Decision Making
- D. Understanding Cloud Usage and Cost
Answer: B
NEW QUESTION # 43
_____________ or ____________is the foundation of telling apart workloads in the cloud, identifying ownership, and attributing costs to teams. (Select One)
- A. Segmenting or Labeling
- B. Labeling or Segmenting
- C. Tagging or Labeling
- D. Tagging or Identifying
Answer: C
NEW QUESTION # 44
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)
- A. S3 Repository
- B. Data Dictionary
- C. Organization Resource
- D. Billing Statement
Answer: B
NEW QUESTION # 45
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. Operational Expenditure (OPEX)
- B. Costs of Goods Sold (COGS)
- C. Capital Expenditure (CAPEX)
- D. Weighted Average Cost of Capital (WACC)
Answer: A
NEW QUESTION # 46
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)
- A. Deliver faster and high quality services to the organization, whilst maintaining business as usual
- B. Quickly bring new products and features to market with an accurate price point.
- C. Accurately budget, forecast and report cloud costs
- D. Leverage technology to give the business a market and competitive advantage
Answer: A
NEW QUESTION # 47
Which of the following terms are associated with Agile? (Select Two)
- A. Rightsizing
- B. Zones
- C. Sprint
- D. User Story
- E. Subscriptions
Answer: C,D
NEW QUESTION # 48
'IT Asset Management' would be under what domain according to the FinOps Foundation? (Select One)
- A. Cloud Rate Optimization
- B. Cloud Usage Optimization
- C. Performance Tracking and Benchmarking
- D. Understanding Cloud Usage and Cost
Answer: D
NEW QUESTION # 49
......
Earn Quick And Easy Success With FOCP Dumps: https://realexamcollection.examslabs.com/Linux-Foundation/FinOps-Certified/best-FOCP-exam-dumps.html