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Linux Foundation FinOps Certified Practitioner Sample Questions:

1. 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 cost management framework for accountants
D) TBM is a value management framework for cost management

2. FinOps enables organizations to get maximum business value by helping engineering, finance and business teams to collaborate on __________.

A) Purchasing the right hardware upfront
B) Decentralized spending decisions
C) Data-driven spending decisions
D) Leveraging instant procurement

3. This term describes the amount of a commitment-based discount that went unused for a given time frame.

A) Blended cost
B) Amortization
C) Uncommitted capacity
D) Vacancy

4. Which of the following statements would be correct about Weighted Average Cost of Capital? (Select One)

A) This rate is set by the shareholders
B) This is the rate the company is expected to pay on average to all its securities holders to finance the operation of the business.
C) This is the rate the company is expected to pay on average to all its employees to finance the operation of the business.
D) This rate is set by the internal markets

5. One of the reasons that managing Kubernetes costs in the cloud can be challenging is that the average lifespan of a container is one day. (True or False)

A) True
B) False

Solutions: