FOCP Finops Certified Practitioner · Free Practice Question Easy
Question 6
Which of following is a simple formula for cloud spending? (Select One)
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A
Spend = Usage × Rate -Discounts
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B
Spend = Discount × Rate
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C
Spend = Usage × Rate
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D
Spend = Usage × Zone x Rate - Discount
Reveal correct answer
Correct answer: C
Explanation
Correct Answer: Spend = Usage × Rate
Explanation: The simple formula plays a key part of deciding both how to optimize and who in the organization takes optimization.
Usage could be the number of hours of a resource used and the rate is the hourly (or per second) amount paid for the usage of that resource.
Reference the O'Reilly FInOps Book
Discussion
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