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Linux Foundation FinOps Certified Practitioner Sample Questions:

1. Which of these can be an effective way to encourage teams to take optimization actions?

A) All of these
B) Aligning goals
C) Building credibility and trust through small wins
D) Utilizing FinOps team members' influence in their organization

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

3. 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)

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.

4. Your FinOps lead has requested all cloud expenses and would like to understand all costs realized and paid for this quarter.
What type of expense would consider this? (Select One)

A) Weighted Average Cost of Capital (WACC)
B) Costs of Goods Sold (COGS)
C) Capital Expenditure (CAPEX)
D) Operational Expenditure (OPEX)

5. FinOps enables organizations to get maximum business value by helping engineering, finance and business teams to collaborate on __________.

A) Data-driven spending decisions
B) Purchasing the right hardware upfront
C) Decentralized spending decisions
D) Leveraging instant procurement

Solutions: