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NEW QUESTION 39
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. Even Split
- C. Proportional
- D. Odd Split
Answer: C
NEW QUESTION 40
AWS has a wealth of FinOps capabilities that we could use as an AWS user.
Which of the following AWS Services would we use to track costs and usage and send alerts when a threshold is exceeded? (Select One)
- A. AWS Budgets
- B. EC2 Cost Optimizer
- C. AWS Anomaly Detection
- D. AWS Cost Explorer
Answer: A
NEW QUESTION 41
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)
- A. Leverage technology to give the business a market and competitive advantage
- B. Deliver faster and high quality services to the organization, whilst maintaining business as usual
- C. Drive best practices into the organization through education, standardization, and cheerleading
- D. Quickly bring new products and features to market with an accurate price point.
Answer: A
NEW QUESTION 42
Which are the correct FinOps Principles? (Select Six)
- A. Business Value of cloud drive decisions
- B. Everyone takes ownership of cloud usage
- C. All decisions are centralized thru finance
- D. FinOps reports should be accessible and timely
- E. Take advantage of the variable cost model of the cloud
- F. A centralized team drives FinOps
- G. Engineering is solely responsible for cloud usage
- H. Teams need to collaborate
Answer: A,B,D,E,F,H
NEW QUESTION 43
Your FinOps lead has requested all cloud expenses and would like to understand all costs realized and paid for this quarter.
What type of expense would consider this? (Select One)
- A. Operational Expenditure (OPEX)
- B. Costs of Goods Sold (COGS)
- C. Capital Expenditure (CAPEX)
- D. Weighted Average Cost of Capital (WACC)
Answer: A
NEW QUESTION 44
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