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Question 1

According to the FinOps Foundation there are very specific roles/personas. For the role of a product owner what would be the "Primary Goal" ? (Select One)

Options :

A : Accurately budget, forecast and report cloud costs

B : Cloud platform relationship management

C : Deliver faster and high quality services to the organization, whilst maintaining business as usual

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

Answer: D

Question 2

In regards to the FinOps Maturity Model Guidelines which of the following statements would be true regarding the Maturity Level Characteristics for "Run". (Select One)

Options :

A : Automation and/or processes cover most of the Capability requirements

B : Capability is understood and followed by all teams within the organization

C : Automation is the not always the preferred approach

D : Measurements only provide insight into the benefits of maturing the capability

Answer: B

Question 3

How frequently are forecast updates needed in FinOps?

Options :

A : Every day

B : As required by finance

C : Every hour

D : Every minute

Answer: B

Question 4

Each major cloud provider labels the platforms "allocation metadata" a specific way.How does GCP name the allocation metadata? (Select One)

Options :

A : "Labels” and “billing accounts”

B : “Subscriptions”, “resource groups” and “resource tags”

C : “Resource tags”, “Linked Accounts” and “groups”

D : “Resource tags”, “Linked Accounts” and “Organizations”

Answer: A

Question 5

What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)

Options :

A : Cost Reduction

B : Cost Avoidance

C : Provisioning

D : Right-Sizing

Answer: D