1.

Which of the following would be the 'primary advantages' of using

cloud over on premises services? (Select Two)

A. Cost Savings correct

B. Speed of delivery correct

C. Innovation

D. Ease of use

Question was not answered

2. One of the reasons that managing Kubernetes costs in the cloud can be
challenging is that the average lifespan of a container is one day. (True or
False)

• True

• False

3. 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 service used in the
cloud

D. FinOps ensures you get the most value out of every dollar spent in
cloud

4. 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 a Chief Executive Officer (CEO)? (Select One)

A. Assurance that cloud investments are aligned with business objectives

 B. Quickly bring new products and features to market with an accurate
price point.

C. Leverage technology to give the business a market and competitive

advantage

D. Drive best practices into the organization through education,

standardization, and cheerleading

5. 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. Continuously evaluate business objectives and the metrics they are

tracking against those objectives, and how they are trending.

B. Optimize their cloud footprint. Cloud providers offer multiple levers to

optimize.

C. Empowering organizations and teams with visibility, allocation,

benchmarking, budgeting, and forecasting.

6. Which of the following are the FinOps sponsored Maturity Assessment

Model steps/phases? (Select Three)

A. Evaluate

B. Run

C. Walk

D. Crawl

E. Assess

7. You have been asked to assemble the first FinOps team for your
company.

What would be two factors you must consider when organizing your
team? (Select Two)

A. Cloud provider billing model

 B. Complexity of the Cloud usage

C. Location of your team members

D. Complexity of your organization

8. 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 procurement business unit? (Select One)

A. Assurance that cloud investments are aligned with business objectives

B. Cloud platform relationship management

C. Quickly bring new products and features to market with an accurate

price point.

D. Drive best practices into the organization through education,

standardization, and cheerleading

9. 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, Inform

10. 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. Practice Formation

B. Do Your Research

C. Build a Toolbox

D. Create a Plan

11. 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”

12. What is FinOps really about at its fundamental level? (Select One)

A. Saving money on cloud costs

B. Drive business value

C. Reduce staff

D. Centralized procurement

13. What approach would we want to use if we wanted to use a 'relative

percentage of direct costs' for our costs? (Select One)

A. Fixed

B. Proportional

C. Odd Split
 D. Even Split

14. 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. Right-Sizing

B. Cost Avoidance

C. Cost Reduction

D. Provisioning

15. What is Technology Business Management (TBM)? (Select One)

A. TBM is a value management framework for decision making.

B. TBM is an engineering framework used for FinOps

C. TBM is a value management framework for cost management

D. TBM is a cost management framework for accountant

16. Your currently working with the head of finance to understand how to
identify specific cloud usage to specific business units.

16. What would we use to account for costs for each business units and
then debit the business unit for the cloud usage?

A. Chargeback

B. Resevationss

C. Showback

D. Allocation

E. Turnback
17. Which of the following would be the most direct description of what
FinOps is about? (Select One)

• FinOps brings administrative accountability to the variable spend model

of cloud.

• FinOps is about both culture and creating savings in the world of cloud
computing.

• FinOps brings financial accountability to the variable spend model of

cloud.

• FinOps is about both finance and creating savings in the world of cloud
computing.

18. In the Inform Stage of the FinOps cycle which of the following would
be true regarding. (Select One)

A. Using the data from the Inform stage will enable FinOps teams to
balance operational requirements with the best financial options to
improve their overall cloud operations.

B. The IT, finance, and business departments rely on timely and relevant
data to create customized FinOps frameworks and processes.

C. The Finance team will evaluate FinOps team performance over a

quarterly basis.

D. The Finance team will evaluate FinOps team practices in the context of
meeting business
objectives.
19. 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. The Cloud Cost Center of Excellence (CCoE) makes all decisions around
cloud spending

B. FinOps processes enable these teams to operate at high velocity while

improving the profits of the company.

C. 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.

D. 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
drivecontinual optimization.

20. In a FinOps based organization spending is a concern only for finance

team and the FinOps team members. (True or False)

• False

• True

21. In the world of FinOps the process of spreading out shared costs is
iterative, and evolves over time. (True or False)

• False

• True

22. Should the FinOps team be a gatekeeper to cloud spending? (Select

One)

• No

• Yes
23. 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. Weighted Average Cost of Capital (WACC)

C. Capital Expenditure (CAPEX)

D. Operational Expenditure (OPEX)

24. Which of the following is an open source container management

platform that we use in the cloud routinely? (Select One)

• Terraform

• Kubernetes

• Linux

• Windows

25. 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. (True or False)

• False

• True

26. Which of the following methods would we use if we wanted to ensure

'a user defined coefficient' ? (Select One)

A. Target Split

B. Fixed

C. Even Split

D. Proportional
27. There are effectively two 'levers' that are used to reduce costs in
cloud computing.

What are they? (Select Two)

A. Restructuring Costs

B. Mitigating Costs

C. Avoiding Costs

D. Reducing Costs

28. Which of the following are some common reasons it can be harder to
bill and report on Kubernetes costs? (Select Two)

A. Kubernetes clusters are never shared with applications run by any

number of teams

B. Containerized environments are much more dynamic than non-

containerized ones

C. One-to-one mappings of tags to specific teams do not allows cover

some of the complex use cases that container utilization can create.

D. Containerized environments are less dynamic than non-containerized

ones

29. Which of the following would be the correct description of what a

'cluster' is in Kubernetes? (Select One)

A. A template of services to be ran in Kubernetes

B. A group of server instances, managed by container orchestration.

C. A template of a container with the software that needs to be run.

D. An instance of a container image

30. Which of the following methods would we use if we wanted to ensure
'a user defined coefficient’? (Select One)

A. Fixed

B. Proportional

C. Even Split

D. Indirect

31. 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 a Chief Technology Officer (CTO)? (Select One)

A. Quickly bring new products and features to market with an accurate

price point.

B. Deliver faster and high-quality services to the organization, whilst

maintaining business as usual

C. Cloud platform relationship management

D. Leverage technology to give the business a market and competitive

advantage

32. 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. Data Dictionary

B. S3 Repository

C. Organization Resource

D. Billing Statement
33. What would be some common names that could used for a FinOps
team? (Select Three)

A. Cloud Economics Team

B. Cloud Support Office

C. Cloud Center of Excellence

D. Cloud Business Office

E. Chief Information Office

34. Which of the following terms are associated with Agile? (Select Two)

• Zones

• Rightsizing

• Subscriptions

• User Story

• Sprint

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

• False

• True

36. 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 Billing Reports

D. Cloud Tools
37. Which of the following is the best definition of a Kubernetes Pod?
(Select One)

• A pod consists of a group of nodes and treats them as multiple blocks

of resources that can be scheduled and scaled on the nodes.

• A pod consists of a group of nodes and treats them as a single block of

resources that can be scheduled and scaled on the cluster.

• A pod consists of a group of containers and treats them as a single

block of resources that can be scheduled and scaled on the cluster.

• A pod consists of a group of containers and treats them as multiple

blocks of resources that can be
scheduled and scaled on the nodes.

38. 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 a Chief Technology Officer (CTO)? (Select
One)

A. Leverage technology to give the business a market and competitive

advantage

B. Deliver faster and high-quality services to the organization, whilst

maintaining business as usual

C. Quickly bring new products and features to market with an accurate

price point.

D. Drive best practices into the organization through education,

standardization, and cheerleading
39. 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. Accurately budget, forecast and report cloud costs

C. Leverage technology to give the business a market and competitive

advantage

D. Quickly bring new products and features to market with an accurate

price point.

40. What is the name of the file format used in AWS Cost and Usage
reports? (Select One)

A. CAR

B. DBR

C. CUR

D. CSV

41. 'Manage Commitment Based Discounts' would be under what domain

according to the FinOps Foundation? (Select One)

A. Cloud Usage Optimization

B. Performance Tracking and Benchmarking

C. Cloud Rate Optimization

D. Organizational Alignment

42. FinOps Principles are north stars that guide the activities of our
FinOps practice. They’re developed by FinOps Foundation members, and
honed through experience.

When it comes to the FinOps principle of 'A centralized team drives

FinOps' which of the following statements would be true? (Select Two)

A. Centralized discount buying process removes rate negotiations from

engineering team consideration

B. Centrally govern and control Committed Use Discounts, Reserved

Instances, and Volume/Custom Discounts with Cloud Providers

C. Track team-level targets to drive accountability

D. Never use granular allocation of all costs, direct or shared, to the teams
and cost centers responsible for them

43. When comparing TBM and FinOps, which one would focus on results
mainly on speed? (Select One)

• FinOp

• TBM

44. Which of the following is NOT part of the FinOps Maturity Model?
(Select One)

A. Crawl

B. Walk

C. Sprint

D. Run

45. Which are the correct FinOps Principles? (Select Six)

A. A centralized team drives FinOps

B. Engineering is solely responsible for cloud usage

C. FinOps reports should be accessible and timely

D. Teams need to collaborate

E. Everyone takes ownership of cloud usage

F. Take advantage of the variable cost model of the cloud

 G. Business Value of cloud drive decisions

H. All decisions are centralized thru finance

46. 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. Cost and Usage Reports

B. Cost Explorer

C. Trusted Advisor

47. Your organization has recently adopted a FinOps based method for
dealing with cloud costs and adopting FinOps. Currently, your
organization has recently completed 'Step Two' for FinOps culture in your
company.

What would the next stage for the organization to accomplish? (Select
One)

A. Socializing FinOps for adoption in an organization

B. Planning for FinOps in an Organization

C. Enforcing mandates for cloud spend.

D. Preparing the organization for FinOps

48. Your business unit has decided to use Azure for its cloud services for
production. Other business units have been Azure for both development
and production use cases. You have been asked to provide tools in Azure
that can provide recommendations for reducing costs and getting insight
into better ways of resource management.

What tools in Azure could you identify? (Select Two)

A. Recommender

B. Trusted Advisor
 C. Azure Advisor

D. Azure has only one tool

49. 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. Rightsizing instances and services help drive appropriate resourcing

levels

B. Fast feedback loops result in more efficient behavior

C. Define governance and controls for cloud usage

D. Gain visibility into cloud spend at all levels

\0. FinOps Principles gives us what are called___________________to help

guide our activities in FinOps. (Select One)

A. North Pole

B. Guiding Lights

C. Auroras

D. North Stars