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Linux Foundation FinOps Certified Practitioner Sample Questions:

1. FinOps Principles are north stars that guide the activities of our FinOps practice. These principles are clearly broken down and we must encourage members to practice these. When it comes to these principles which of the following activities would be under the 'Teams need to Collaborate' principle? (Select One)

A) Rightsizing instances and services help drive appropriate resourcing levels
B) Fast feedback loops result in more efficient behavior
C) Gain visibility into cloud spend at all levels
D) Define governance and controls for cloud usage

2. FinOps Principles are north stars that guide the activities of our FinOps practice. They're developed by FinOps Foundation members, and honed through experience.
When it comes to the FinOps principle of 'A centralized team drives FinOps' which of the following statements would be true? (Select Two)

A) Never use granular allocation of all costs, direct or shared, to the teams and cost centers responsible for them
B) Track team-level targets to drive accountability
C) Centralized discount buying process removes rate negotiations from engineering team consideration
D) Centrally govern and control Committed Use Discounts, Reserved Instances, and Volume/Custom Discounts with Cloud Providers

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

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

4. Finding and removing underutilized resources is one place to start rightsizing.

A) False
B) True

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

Solutions: