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Linux Foundation FinOps Certified Practitioner Sample Questions:

1. 'Manage Commitment Based Discounts' would be under what domain according to the FinOps Foundation? (Select One)

A) Cloud Rate Optimization
B) Performance Tracking and Benchmarking
C) Cloud Usage Optimization
D) Organizational Alignment

2. What is a FinOps leader responsible for?

A) Getting engineers to take action
B) The successful reduction of the cloud bill
C) The successful adoption of FinOps
D) The financial success of the organization

3. 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) Empowering organizations and teams with visibility, allocation, benchmarking, budgeting, and forecasting.
C) Optimize their cloud footprint. Cloud providers offer multiple levers to optimize.

4. 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) Only use cloud provider tools since they are based solely on the cloud platform.
B) Cloud forecasting is best used in organizations that are not centralized.
C) Tagging and cost allocation can provide insight into resource spending.
D) Use communications to relay that forecasting is being used for decision making.
E) Use forecasting models to help provide predicable models for consistency.

5. What term is used to describe the ability to identify and allocate costs to the appropriate cost categories in use by a customer? (Select One)

A) Capitalization
B) Depreciation
C) CAPEX
D) Cost Allocation

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