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Linux Foundation FinOps Certified Practitioner Sample Questions (Q32-Q37):

NEW QUESTION # 32
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. Chargeback
B. Turnback
C. Allocation
D. Resevations
E. Showback

Answer: A

NEW QUESTION # 33
__________ is critical to making the FinOps team successful.

A. All of the above
B. Finance buy-in
C. Leadership buy-in
D. Engineering buy-in

Answer: A

NEW QUESTION # 34
What is the name of the file format used in AWS Cost and Usage reports? (Select One)

A. CSV
B. DBR
C. CAR
D. CUR

Answer: A

Explanation:
The AWS Cost and Usage Reports (AWS CUR) contains the most comprehensive set of cost and usage data available.
https://docs.aws.amazon.com/cur/latest/userguide/what-is-cur.html

NEW QUESTION # 35
Which of the following would be the most direct description of what FinOps is about? (Select One)

A. FinOps brings administrative accountability to the variable spend model of cloud.
B. FinOps brings financial accountability to the variable spend model of cloud.
C. FinOps is about both finance and creating savings in the world of cloud computing.
D. FinOps is about both culture and creating savings in the world of cloud computing.

Answer: B

Explanation:
FinOps is shorthand for "Cloud Financial Operations" or "Cloud Financial Management" or "Cloud Cost Management". It is the practice of bringing financial accountability to the variable spend model of cloud, enabling distributed teams to make business trade-offs between speed, cost, and quality.
This page here is a must view for the exam. You would likely see numerous questions directly from the page. Study Up!
What is FinOPs

NEW QUESTION # 36
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 "Organizations"
B. "Subscriptions", "resource groups" and "resource tags"
C. "Resource tags", "Linked Accounts" and "groups"
D. "Subscription'. 'Labels" and "billing accounts"

Answer: A

Explanation:
"Resource tags", "Linked Accounts" and "Organizations";
GCP "labels" and "billing accounts";
AWS "resource tags", "Linked Accounts" and "Organizations"; Azure "Subscriptions", "Resource Groups" and "resource tags" We do need to know some cloud provider specific terms for the exam. Refer here before the exam FinOps Terminology

NEW QUESTION # 37
......

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