FinOps Certified Practitioner FOCP Questions and Answers with Explanations

FinOps Certified Practitioner (FOCP) Questions and Answers with Explanations
Question : In regards to the FinOps Maturity Model
Guidelines which of the following statements would be true
regarding the Maturity Level Characteristics for 'Run':
a) measurements only provide insight into the benefits of
maturing the capability
b) automation and/or processes cover most of the capability
requirements
c) automation is not always the preferred approach
d) capability is understood and followed by all teams within
the organization
Correct answer: d) Capability is understood and followed by
all teams within the organization
Question : Which of the following statements would be
correct about Weighted Average Cost of Capital?
a)this rate is set by internal markets
b) this is the rate the company is expected to pay on average
to all its employees to finance the operation of the business
c) this is the rate the company is expected to pay on average
to all its securities holders to finance the operation of business
d) this rate is set by the shareholders
Correct answer: c) This is the rate the company is expected to
pay on average to all its securities holders to finance the
operation of the business.

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