KCNA · Question #67
What is the practice of bringing financial accountability to the variable spend model of cloud resources?
The correct answer is D. FinOps. FinOps is an evolving operational framework and cultural practice that brings financial accountability to the variable spend model of cloud resources, enabling organizations to get maximum business value by helping engineering, finance, and business teams to collaborate on data-d
Question
What is the practice of bringing financial accountability to the variable spend model of cloud resources?
Options
- AFaaS
- BDevOps
- CCloudCost
- DFinOps
How the community answered
(27 responses)- A4% (1)
- B7% (2)
- D89% (24)
Why each option
FinOps is an evolving operational framework and cultural practice that brings financial accountability to the variable spend model of cloud resources, enabling organizations to get maximum business value by helping engineering, finance, and business teams to collaborate on data-driven spending decisions.
FaaS (Function as a Service) is a serverless computing execution model where the cloud provider manages the server, not a practice for financial accountability.
DevOps is a set of practices that combines software development and IT operations to shorten the development lifecycle and provide continuous delivery with high software quality, but it doesn't specifically focus on financial accountability.
CloudCost is a generic term that refers to the expenses associated with cloud services, not a specific practice or framework for managing those costs effectively.
FinOps is a set of practices that integrates financial management with cloud operations, fostering collaboration between finance, business, and technology teams to optimize cloud costs and maximize business value in a pay-as-you-go cloud environment.
Concept tested: Cloud financial management practices
Source: https://www.finops.org/introduction/what-is-finops/
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