AWS Cloud for Finance Professionals (full set)

Which of the organizational models represents higher CFM maturity of an Organization?

• Hybrid - Both centralized ownership and decentralized responsibilities are included
• Partner - Decision-making is responsibility of a hired partner organization
• Centralized - Decision-making and work is contained in a single team
• Decentralized - Decision-making and work is distributed across multiple teams

When beginning to create a tagging strategy, which best practices should be followed? (Select FOUR.)

• Report on tagged vs untagged resources
• Create policies requiring tags before resources can be provisioned
• Establish consistent tagging across teams
• Start small
• Use a one-size-fits-all approach

What is the process used to map categorized spend to a function in order to answer questions relating to that spend?

• Unit metrics
• Cost allocation
• Cost optimization
• Meaningful performance indicators

Which are ideal usage patterns within the AWS pricing model? (Select THREE.)

• Always using one type of EC2 instance and waiting for AWS to lower its price
• Keep all resources running to cover unforeseen issues
• Committing to predictable usage over a term to pay lower rates
• Paying a lower rate as your usage scales up
• Turning on the resources you need and turning off the resources you don’t

When we discuss operational resilience in the context of the Cloud Value Framework, what are some of the key benefits highlighted in this course? (Select TWO.)

• Mitigating business risk
• Helping grow business profitability
• Increasing project delivery velocity
• Reducing undifferentiated heavy lifting
• Reducing unplanned outages

Which of the following AWS Service/Feature provides rightsizing recommendations?

• AWS Trusted Advisor
• AWS Cost and Usage Report
• AWS Cost Explorer
• AWS Budget

With RI/SP in multi-account environment, can you select specific accounts or enable sharing for all accounts?

• Yes, we can

• No, we can't

Reporting on costs as an average rate across all usage for a service or usage type is also known as what kind of representation?

• Blended costs
• Net unblended costs
• Net amortized costs
• Amortized costs

Which of the following activities can help organizations create a cost-aware culture? (Select TWO

• Choose the right cloud/ AWS services
• Implement CFM as a program, and measure ROI
• Negotiate AWS contracts and establish AWS partnerships
• Establish a finance and technology partnership

"Choosing the right pricing model" belongs to which CFM pillar?

• See

• Save

• Plan

• Run