2023 Latest FOCP DUMPS Q&As with Explanations Verified & Correct Answers
FOCP dumps Exam Material with 100 Questions
NEW QUESTION 24
FinOps is about saving money. (True or False)
- A. True
- B. False
Answer: B
NEW QUESTION 25
Which of the following a native tool in AWS that we would use in our FinOps exercises to understand costing issues, get recommendations, etc.
- A. Trusted Advisor
- B. Cost Explorer
- C. Cost and Usage Reports
Answer: B
NEW QUESTION 26
What is the primary goal of a FinOps Practitioner in an organization? (Select One)
- A. Drive best practices into the organization through cost cutting, standardization, and cheerleading
- B. Drive best practices into the organization through education, standardization and cheerleading.
- C. Drive best practices into the organization through education, optimization and documentation.
- D. Drive best practices into the organization through cost cutting, strict management and data disbursement.
Answer: B
NEW QUESTION 27
FinOps Practitioners use ___________________________ to provide insight into how well an organization is doing with cloud spend. (Select One)
- A. Cloud Performance Benchmarking
- B. Cloud Networking Reports
- C. Cloud Tools
- D. Cloud Billing Reports
Answer: A
NEW QUESTION 28
Under the FinOps Principles are 6 activities.
Which activities would fit under ' Decisions are driven by business value of cloud'? (Select Three)
- A. Track team-level targets to drive accountability
- B. Internal team benchmarking drives best practices and celebrates wins
- C. Industry peer-level benchmarking determines how your company is performing
- D. Trending and variance analysis helps to understand why costs increased
- E. Rightsizing instances and services help drive appropriate resourcing levels
Answer: B,C,D
NEW QUESTION 29
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 resource management.
What tools in AWS could you identify? (Select Two)
- A. Stackdriver
- B. Recommender
- C. Cost Explorer
- D. Trusted Advisor
Answer: C,D
NEW QUESTION 30
Your FinOps leader and mentor has reached out to you to find out more about Azure Capabilities.
What tool in Azure would you use to implement enforcement of Tagging on Azure? (Select One)
- A. Azure Monitoring
- B. Azure Editor
- C. Azure Policy
- D. Azure Invoices
Answer: C
NEW QUESTION 31
Which of the following are the FinOps sponsored Maturity Assessment Model steps/phases? (Select Three)
- A. Assess
- B. Run
- C. Crawl
- D. Evaluate
- E. Walk
Answer: B,C,E
NEW QUESTION 32
Each major cloud provider labels the platforms 'allocation metadata' a specific way.
How does GCP name the allocation metadata? (Select One)
- A. "Subscriptions", "resource groups" and "resource tags"
- B. 'Labels" and "billing accounts"
- C. "Resource tags", "Linked Accounts" and "groups"
- D. "Resource tags", "Linked Accounts" and "Organizations"
Answer: B
NEW QUESTION 33
Which of the following would be considered a 'measure of success' for a FinOps based organization? (Select Two)
- A. FinOps team can define desired level of training requirements
- B. Overall Tagging Compliance is 90% or above
- C. The cloud cost reporting ecosystem becomes a fundamental aspect of the IT department
- D. Overall Tagging Compliance is 70% or above
Answer: B,C
NEW QUESTION 34
Which of the following terms are associated with Agile? (Select Two)
- A. User Story
- B. Sprint
- C. Zones
- D. Subscriptions
- E. Rightsizing
Answer: A,B
NEW QUESTION 35
Which stage in the FinOps Adoption Process would we be 'performing initial resourcing' such as getting budget approval?
- A. Stage 2 - Socializing FinOps for adoption in an organization
- B. Stage 1 - Planning for FinOps in an Organization (Laying the groundwork)
- C. Stage 3 - Preparing the organization for FinOps
Answer: B
NEW QUESTION 36
When comparing TBM and FinOps, which one would focus on results mainly on speed? (Select One)
- A. FinOps
- B. TBM
Answer: A
NEW QUESTION 37
Cloud Forecasting can be a challenge, especially in large disparate organizations. Centralization can be a helpful factor but also there are some focus areas that we can use to 'break the challenge into addressable parts'. (Select Three)
- A. Use forecasting models to help provide predicable models for consistency.
- B. Use communications to relay that forecasting is being used for decision making.
- C. Tagging and cost allocation can provide insight into resource spending.
- D. Only use cloud provider tools since they are based solely on the cloud platform.
- E. Cloud forecasting is best used in organizations that are not centralized.
Answer: A,B,C
NEW QUESTION 38
FinOps Principles are north stars that guide the activities of our FinOps practice. These principles are clearly broken down and we must encourage members to practice these. When it comes to these principles which of the following activities would be under the 'Teams need to Collaborate' principle? (Select One)
- A. Gain visibility into cloud spend at all levels
- B. Define governance and controls for cloud usage
- C. Fast feedback loops result in more efficient behavior
- D. Rightsizing instances and services help drive appropriate resourcing levels
Answer: B
NEW QUESTION 39
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. Turnback
- B. Allocation
- C. Resevations
- D. Chargeback
- E. Showback
Answer: D
NEW QUESTION 40
The spending patterns have changed quite a bit when compared to on premises consumption models.
Which of the following statements would correct how DevOps and Cloud have changed IT purchasing.
- A. Engineers have the power to spend company money with code
- B. Finance has more visibility into purchasing than before with CAPEX funding
- C. Spending is static
- D. Spending is dynamic
Answer: A,D
NEW QUESTION 41
Which are the correct FinOps Principles? (Select Six)
- A. A centralized team drives FinOps
- B. Take advantage of the variable cost model of the cloud
- C. FinOps reports should be accessible and timely
- D. Everyone takes ownership of cloud usage
- E. Teams need to collaborate
- F. Engineering is solely responsible for cloud usage
- G. Business Value of cloud drive decisions
- H. All decisions are centralized thru finance
Answer: A,B,C,D,E,G
NEW QUESTION 42
Which of following is a simple formula for cloud spending? (Select One)
- A. Spend = Discount × Rate
- B. Spend = Usage × Zone x Rate - Discount
- C. Spend = Usage × Rate -Discounts
- D. Spend = Usage × Rate
Answer: D
NEW QUESTION 43
Which of the following are phases in the FinOPS Lifecycle? (Select Three)
- A. Perform
- B. Inform
- C. Implement
- D. Identify
- E. Operationalize
Answer: B,D,E
NEW QUESTION 44
What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)
- A. Provisioning
- B. Right-Sizing
- C. Cost Reduction
- D. Cost Avoidance
Answer: B
NEW QUESTION 45
Which of the following is an open source container management platform that we use in the cloud routinely? (Select One)
- A. Windows
- B. Kubernetes
- C. Terraform
- D. Linux
Answer: B
NEW QUESTION 46
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. Organization Resource
- B. S3 Repository
- C. Data Dictionary
- D. Billing Statement
Answer: C
NEW QUESTION 47
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