Test Online Free The Linux Foundation FOCP Exam Questions and Answers
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Which of following is a simple formula for cloud spending? (Select One)
Answer: Explanation:
The simple formula plays a key part of deciding both how to optimize and who in the organization takes optimization.
Usage could be the number of hours of a resource used and the rate is the hourly (or per second) amount paid for the usage of that resource.
Question 2Selectable Answer
The spending patterns have changed quite a bit when compared to on premises consumption models.
Which of the following statements would correct how DevOps and Cloud have changed IT purchasing.
Answer: Explanation:
The cloud brings many new challenges such as procurement changes, culture changes, etc. Spending with cloud is certainly not static and even in a fully functional FinOps organization spending will always be changing. Finance needs to adjust to its new role as more of a moderator than a gatekeeper. Engineers will need to get work done and may very use more resources than needed.
Question 3Selectable Answer
Which of the following methods would we use if we wanted to ensure 'a user defined coefficient' ? (Select One)
Answer: Explanation:
There are typically three ways to split up shared costs:
Proportional: Based on relative percentage of direct costs
Even split: Split total amount evenly across targets
Fixed: User-defined coefficient (the sum of coefficients needs to be 100%)
This page here is perhaps one of the most important pages to review and understand before the exam. Identifying Shared Costs
Question 4Selectable Answer
What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)
Answer: Explanation:
Right Sizing
When a cloud resource is provisioned larger than is required, such as having too much memory or compute power, it’s considered oversized. Rightsizing is the act of changing the size of provisioned resources to one that better matches needs.
Question 5Selectable Answer
Which of the following would be the correct description of what a 'cluster' is in Kubernetes? (Select One)
Answer: Explanation:
There are a number of terms for Kubernetes that we need to be aware for the exam. It can be challenging at first to confuse a cluster, pod, service, image, namespace, etc. Please review the table here Container Costs
Question 6Selectable Answer
There are effectively two 'levers' that are used to reduce costs in cloud computing.
What are they? (Select Two)
Answer: Explanation:
There are two levers. 1.Reduce what you use and we call this avoiding costs 2. Pay less for what you use and we call this rate reduction
Question 7Selectable Answer
When rightsizing your containers which of following would be focused on responding dynamically to different conditions? (Select One)
Answer: Explanation:
Autoscaling provides the ability to respond dynamically to different conditions, such as increased or decreased demand. This can take some architecting and iterative adjustments to get right for your application, and there is room for waste along the way. However, the more tightly your horizontal pod autoscaling (when we need more / less pods) and cluster autoscaling (when do we need more / less nodes) are configured, the less waste and unnecessary cost to run your application. Please review this page before the exam. (Section Optimize)
https://www.finops.org/projects/calculating-container-costs/
Question 8Selectable Answer
Which of the following would be considered a 'measure of success' for a FinOps based organization? (Select Two)
Answer: Explanation:
The FinOps Foundation provides some insight into what is considered a measure of success.
Measure(s) of Success
Overall Tagging Compliance is 90% or above
The cloud cost reporting ecosystem becomes a fundamental aspect of the IT department Most product teams are publishing information related to their unit economics
FinOps team can define desired level of commitment coverage vs. utilization Please review this page before the exam. Success Measures
Question 9Selectable Answer
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)
Answer: Explanation:
There are clearly labeled roles for each 'Persona' and we must learn these for the exam. FinOps Personas
Question 10Selectable Answer
When comparing TBM and FinOps, which one would focus on results mainly on speed? (Select One)
Answer: Explanation:
FinOps is focused on results much more frequently than with TBM. TBM is monthly or quarterly focused whereas FinOps collects and reviews data constantly.
Question 11Selectable Answer
Each major cloud provider labels the platforms 'allocation metadata' a specific way.
How does AWS name the allocation metadata? (Select One)
Answer: 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
Question 12Selectable Answer
When managing cloud costs specifically around containers there are several things in Google Cloud we can do to manage costs and identify these costs.
Which of the following would be ways we could break down costs? (Select Three)
Answer: Explanation:
Google Cloud provides some robust methods to identify costs and also segment. Availability Zones is actually an AWS concept so thats incorrect. One method, recommended by Debo Aderibigbe, a Google Cloud Billing Product Manager, is to break down costs by:
Billing Hierarchy: Organizations, folders, projects, normalizing them with cross-cloud concepts: Linked Accounts, Tags, Subscriptions, etc.
Resources: Compute cores, RAM, GPU, TPU, Load Balancers, Persistent Disk, Custom Machines, Network Egress
Namespaces: labeling specific, isolated containers
Labels: Teams, cost centers, app names, environment, and more
With a deep labeling and tagging of all of these cost drivers, users can improve the accuracy of how they invoice teams, audit costs, allocate costs, optimize overrun costs, model budgeting scenarios, or fit workload costs within quotas or under budget caps.
Please review this page before the exam...https://www.finops.org/projects/calculating-container-costs/
Question 13Selectable Answer
Which of the following methods would we use if we wanted to ensure 'a user defined coefficient’? (Select One)
Answer: Explanation:
There are typically three ways to split up shared costs:
Proportional: Based on relative percentage of direct costs
Even split: Split total amount evenly across targets
Fixed: User-defined coefficient (the sum of coefficients needs to be 100%)
This page here is perhaps one of the most important pages to review and understand before the exam. Identifying Shared Costs
Question 14Selectable Answer
How has cloud computing impacted enterprise financial operations? (Select Two)
Answer: Explanation:
With advent of Cloud Computing organizations went from a fixed and predictable spending model to cloud driven model that based on variable and less predictable spending model. Because of these spending changes organization went to a procurement model that is now OPEX based as compared to the on premises which was a procurement model that driven by CAPEX funding.
Question 15Selectable Answer
Which of the following are the three ways that we would be able to split up shared costs? (Select Three)
Answer: Explanation:
There are typically three ways to split up shared costs:
Proportional: Based on relative percentage of direct costs
Even split: Split total amount evenly across targets
Fixed: User-defined coefficient (the sum of coefficients needs to be 100%)
This page here is perhaps one of the most important pages to review and understand before the exam. Identifying Shared Costs
