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AWS Cloud for Finance Professionals (full set)

Total questions: 11

Worksheet time: 8mins

Name
Class
Date
1.
Which of the organizational models represents higher CFM maturity of an Organization?
a)
Hybrid - Both centralized ownership and decentralized responsibilities are included
b)
Partner - Decision-making is responsibility of a hired partner organization
c)
Centralized - Decision-making and work is contained in a single team
d)
Decentralized - Decision-making and work is distributed across multiple teams
2.
When beginning to create a tagging strategy, which best practices should be followed? (Select FOUR.)
a)
Report on tagged vs untagged resources
b)
Create policies requiring tags before resources can be provisioned
c)
Establish consistent tagging across teams
d)
Start small
e)
Use a one-size-fits-all approach
3.
What is the process used to map categorized spend to a function in order to answer questions relating to that spend?
a)
Unit metrics
b)
Cost allocation
c)
Cost optimization
d)
Meaningful performance indicators
4.
Which are ideal usage patterns within the AWS pricing model? (Select THREE.)
a)
Always using one type of EC2 instance and waiting for AWS to lower its price
b)
Keep all resources running to cover unforeseen issues
c)
Committing to predictable usage over a term to pay lower rates
d)
Paying a lower rate as your usage scales up
e)
Turning on the resources you need and turning off the resources you don’t
5.
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.)
a)
Mitigating business risk
b)
Helping grow business profitability
c)
Increasing project delivery velocity
d)
Reducing undifferentiated heavy lifting
e)
Reducing unplanned outages
6.
Which of the following AWS Service/Feature provides rightsizing recommendations?
a)
AWS Trusted Advisor
b)
AWS Cost and Usage Report
c)
AWS Cost Explorer
d)
AWS Budget
7.

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

a)

Yes, we can

b)

No, we can't

8.
Reporting on costs as an average rate across all usage for a service or usage type is also known as what kind of representation?
a)
Blended costs
b)
Net unblended costs
c)
Net amortized costs
d)
Amortized costs
9.
Which of the following activities can help organizations create a cost-aware culture? (Select TWO
a)
Choose the right cloud/ AWS services
b)
Implement CFM as a program, and measure ROI
c)
Negotiate AWS contracts and establish AWS partnerships
d)
Establish a finance and technology partnership
10.

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

a)

See

b)

Save

c)

Plan

d)

Run

11.

What are correct about how Savings Plans are applied? (Select TWO.)

a)

Savings Plans apply to your usage before the Amazon EC2 Reserved Instances (RI) are applied

b)

Your Savings Plans are applied to your highest savings percentage first. If there are multiple usages with equal savings percentages, Savings Plans are applied to the first usage with the lowest Savings Plans rate

c)

If an eligble usage has already consumed RI/SP, then the more saving percentage resource wouldn't take benefit of the same RI/SP

d)

EC2 Instance Savings Plans are applied before Compute Savings Plans, because Compute Savings Plans have broader applicability