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1. Which best describes a commitment based discount (reserved instance, savings plan, committed use discount)?
A) A savings coupon or receiving a lower hourly rate on specific types of resources
B) Specialized instances with attached storage
C) A lower cost instance which can be deployed for savings
D) An instance stand-by used only when your primary instance fails
2. Which of these actions would a centralized FinOps practice be expected to perform?
A) Ensure consistent patching of infrastructure
B) Identify for the cloud provider which specific instances should be covered by purchased commitments
C) Identify consistent usage to be covered by commitment based discounts
D) Build a CI/CD pipeline to support the DevOps team
3. What would be some common names that could used for a FinOps team? (Select Three)
A) Cloud Support Office
B) Cloud Economics Team
C) Cloud Center of Excellence
D) Cloud Business Office
E) Chief Information Office
4. Within the new cloud reality for IT, spending is typically defined as __________.
A) Variable
B) Consistent
C) Dramatic
D) Capped
5. 'Manage Commitment Based Discounts' would be under what domain according to the FinOps Foundation? (Select One)
A) Organizational Alignment
B) Performance Tracking and Benchmarking
C) Cloud Usage Optimization
D) Cloud Rate Optimization
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B,C,D | Question # 4 Answer: A | Question # 5 Answer: D |
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