The Linux Foundation FOCP FinOps Certified Practitioner Online Training
The Linux Foundation FOCP Online Training
The questions for FOCP were last updated at Feb 04,2025.
- Exam Code: FOCP
- Exam Name: FinOps Certified Practitioner
- Certification Provider: The Linux Foundation
- Latest update: Feb 04,2025
Your currently adopting FinOps in your organization and are in Stage 1 – Planning for FinOps in an organization.
Which of the following two exercises would be understand Stage 1? (Select Two)
- A . Practice Formation
- B . Do Your Research
- C . Build a Toolbox
- D . Create a Plan
Each major cloud provider labels the platforms ‘allocation metadata’ a specific way.
How does AWS name the allocation metadata? (Select One)
- A . “Resource tags”, “Linked Accounts” and “groups”
- B . “Subscription’. ‘Labels” and “billing accounts”
- C . “Resource tags”, “Linked Accounts” and “Organizations”
- D . “Subscriptions”, “resource groups” and “resource tags”
What is FinOps really about at its fundamental level? (Select One)
- A . Saving money on cloud costs
- B . Drive business value
- C . Reduce staff
- D . Centralized procurement
When considering shared costs we know that there are three main ways to accomplish this according to the FinOps Foundation.
What approach would we want to use if we wanted to use a ‘relative percentage of direct costs’ for our costs? (Select One)
- A . Fixed
- B . Proportional
- C . Odd Split
- D . Even Split
What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)
- A . Right-Sizing
- B . Cost Avoidance
- C . Cost Reduction
- D . Provisioning
What is Technology Business Management (TBM)? (Select One)
- A . TBM is a value management framework for decision making.
- B . TBM is an engineering framework used for FinOps
- C . TBM is a value management framework for cost management
- D . TBM is a cost management framework for accountants
Your currently working with the head of finance to understand how to identify specific cloud usage to specific business units.
What would we use to account for costs for each business units and then debit the business unit for the cloud usage?
- A . Chargeback
- B . Resevationss
- C . Showback
- D . Allocation
- E . Turnback
Which of the following would be the most direct description of what FinOps is about? (Select One)
- A . FinOps brings administrative accountability to the variable spend model of cloud.
- B . FinOps is about both culture and creating savings in the world of cloud computing.
- C . FinOps brings financial accountability to the variable spend model of cloud.
- D . FinOps is about both finance and creating savings in the world of cloud computing.
In the Inform Stage of the FinOps cycle which of the following would be true regarding. (Select One)
- A . 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.
- 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 . The Finance team will evaluate FinOps team practices in the context of meeting business
objectives.
FinOps as we likely learned requires a culture shift in how our organization addresses cloud spend.
Which of the following would be a true statement regarding the decision making in a FinOps organization? (Select One)
- A . The Cloud Cost Center of Excellence (CCoE) makes all decisions around cloud spending
- B . FinOps processes enable these teams to operate at high velocity while improving the profits of the company.
- C . Centralized decision making coupled with the move to variable spending in cloud allows technology teams to efficiently partner with finance and business teams to make informed decisions that drive continual optimization.
- D . Distributed decision making coupled with the move to variable spending in cloud allows technology teams to efficiently partner with finance and business teams to make informed decisions that drive
continual optimization.
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