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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. __________ measures how many dollars of outlay it takes to generate revenue in a specific period.

A) Capitalization
B) Cost allocation
C) Costs of goods sold (COGS)
D) Deprecation

3. Scorecards, metrics, and KPIs are good for __________.

A) Benchmarking internal teams' performance
B) Understanding last year's performance
C) Showback and chargeback
D) Forecasting and budgeting

4. 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. (True or False)

A) False
B) True

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

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

Solutions: