Question 1

What is the main advantage of Cloud Forecasting?

Options :

A : The ability to automatically adapt to changes in the stock market

B : The ability to automatically adapt to changes in the lunar cycle

C : The ability to automatically adapt to changes in cloud spend behavior

D : The ability to automatically adapt to changes in requirement patterns

Answer: C

Question 2

Which of the following are the three ways that we would be able to split up shared costs? (Select Three)

Options :

A : Fixed

B : Even Split

C : Indirect

D : Complex Split

E : Proportional

Answer: A,B,E

Question 3

What is the term for the process of analyzing and optimizing cloud spend on an ongoing basis?

Options :

A : Cloud optimization

B : Cloud management

C : Cloud governance

D : Cloud cost management

Answer: D

Question 4

Which of the following would be correct when comparing TBM to FinOps? (Select Three)

Options :

A : FinOps has great controls into cloud, granularity, and prescriptive methods but does not include decision data.

B : FinOps looks to the fully-burdened all-up view of IT spend whereas TBM looks at hourly costing and identifies infrastructure anomalies in real-time

C : TBM takes a top-down view whereas FinOps takes a more bottoms up view.

D : FinOps takes a top-down view whereas TBM takes a more bottoms up view.

E : FinOps and TBM are not complementary so its a best practice to choose one or the other

F : FinOps focuses on cloud processes, cloud data, and cloud execution whereas TBM provides the general ledger (GL) data (labor costs, licensing, revenue data).

Answer: A,C

Question 5

What two outcomes does the FinOps team seek above all? (Select two)

Options :

A : culture of accountability and an understanding of the unit economics of the business costs

B : Optimization and operation

C : Fully allocated costs and a well-managed commitment-based discount portfolio

D : Breaking down cultural barriers and distributed responsibility for managing Cloud usage Costs.

Answer: B,D

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