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Linux Foundation FinOps Certified Practitioner Sample Questions:

1. Which of the following statements would be correct about Weighted Average Cost of Capital? (Select One)

A) This is the rate the company is expected to pay on average to all its securities holders to finance the operation of the business.
B) This rate is set by the internal markets
C) This rate is set by the shareholders
D) This is the rate the company is expected to pay on average to all its employees to finance the operation of the business.

2. The FinOps journey consists of three iterative phases - Inform, Optimize and Operate.
Which of the following statements would be a correct description of the Inform Phase? (Select One)

A) Optimize their cloud footprint. Cloud providers offer multiple levers to optimize.
B) Continuously evaluate business objectives and the metrics they are tracking against those objectives, and how they are trending.
C) Empowering organizations and teams with visibility, allocation, benchmarking, budgeting, and forecasting.

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

A) Even Split
B) Target Split
C) Fixed
D) Proportional

4. 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) 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.
C) The IT, finance, and business departments rely on timely and relevant data to create customized FinOps frameworks and processes.
D) The Finance team will evaluate FinOps team performance over a quarterly basis.

5. What service on AWS would use to download and store the Cost and Usage report on so you can query it? (Select One)

A) S3
B) RDS
C) Redshift
D) Athena

Solutions: