Question 1

Which is a key reason for centralizing Rate Optimization?

Options :

A : The best rates can be achieved when negotiated by a central buying authority on aggregate usage

B : Individual DevOps teams are better at knowing what rates they should receive

C : Committed rates can only be negotiated per account or subscription, so must be managed centrally to see all accounts or subsmiptions

D : Commitment-based discounts have to be chosen for specific resources, not for instance types

E : Rate reductions must consider the details of which individual resources are being used so a complete list is required to purchase them.

Answer: A

Question 2

A centralized FinOps team should be able to drive FinOps. True or False (Select One)

Options :

A : True

B : False

Answer: A

Question 3

Which of the following is not a significant tactic which respondents use to drive accountability?

Options :

A : Cost Reduction and Cost Control

B : Education, Training and Awareness

C : Executive Alignment and Engagement

D : Incentives and Disincentives

Answer: A

Question 4

In regards to the FinOps Maturity Model Guidelines which of the following statements would be true regarding the Maturity Level Characteristics for "Run". (Select One)

Options :

A : Automation and/or processes cover most of the Capability requirements

B : Capability is understood and followed by all teams within the organization

C : Automation is the not always the preferred approach

D : Measurements only provide insight into the benefits of maturing the capability

Answer: B

Question 5

Each time it cycles through the FinOps lifecycle, the FinOps team will:

Options :

A : build experience and mature its capabilities

B : build a new capability

C : decrease overall cloud costs

D : establish the control of the FinOps teams more firmly

Answer: A

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