Free Access LinuxFoundation.FOCP.v2023-07-21.q36 Practice Test (Page 4)

Question 11

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

A.The Finance team will evaluate FinOps team practices in the context of meeting business objectives.

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

C.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.

D.The Finance team will evaluate FinOps team performance over a quarterly basis.

Question 12

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.Cloud platform relationship management

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

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

Question 13

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

A.Even Split

B.Fixed

C.Indirect

D.Proportional

Question 14

The CFO has just approached the FinOps team members and requested that all costs that are being submitted and analyzed should be amortized. The CFO also requested that the costs be allocated to each business unit. Would this be a best practice? (True or False)

A.False

B.True

Question 15

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