'Manage Commitment Based Discounts' would be under what domain according to the FinOps Foundation? (Select One)

• A.Cloud Rate Optimization
• B.Performance Tracking and Benchmarking
• C.Cloud Usage Optimization
• D.Organizational Alignment

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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.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.
• B.The Cloud Cost Center of Excellence (CCoE) makes all decisions around cloud spending
• C.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.
• D.FinOps processes enable these teams to operate at high velocity while improving the profits of the company.

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Cloud Forecasting can be a challenge, especially in large disparate organizations. Centralization can be a helpful factor but also there are some focus areas that we can use to 'break the challenge into addressable parts'. (Select Three)

• A.Use communications to relay that forecasting is being used for decision making.
• B.Use forecasting models to help provide predicable models for consistency.
• C.Only use cloud provider tools since they are based solely on the cloud platform.
• D.Cloud forecasting is best used in organizations that are not centralized.
• E.Tagging and cost allocation can provide insight into resource spending.

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There are effectively two 'levers' that are used to reduce costs in cloud computing.
What are they? (Select Two)

• A.Avoiding Costs
• B.Reducing Costs
• C.Restructuring Costs
• D.Mitigating Costs

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'IT Asset Management' would be under what domain according to the FinOps Foundation? (Select One)

• A.Cloud Usage Optimization
• B.Understanding Cloud Usage and Cost
• C.Cloud Rate Optimization
• D.Performance Tracking and Benchmarking

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