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Exam Code: FOCP
Exam Name: FinOps Certified Practitioner
Vendor: Linux Foundation

60 Questions & Answers
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NEW QUESTION: 1
According to IIA guidance, which of the following external groups is most likely to represent a liability risk, based on activities associated with the organization's corporate social responsibility program?
A. Suppliers.
B. Consumers.
C. Investors.
D. Activists.
Answer: D

NEW QUESTION: 2
Intellectual property is a form of legal risk which is also known as confidential and proprietary information.
Which description would be most appropriate for a trademark?
A. An identifying label, symbol, or words which exclusively identify a product or service.
B. Commercial information describing a plan, process, or mechanism which is only known by the owner and a limited number of others, and is commonly protected by a confidentiality agreement.
C. A monopoly created by law that gives the patent holder the sole right to make use or sell an article and prevent others from doing so without their permission.
D. Protection provided by law for authors and creators of intellectual property providing for exclusive rights to publish.
Answer: A
Explanation:
Intellectual property is a form of legal risk which is also known as confidential and proprietary information. The description most appropriate for a trademark is an identifying label, symbol, or words which exclusively identify a product or service. A patent is a monopoly created by law that gives the patent holder the sole right to make use or sell an article and prevent others from doing so without their permission. A copyright is protection provided by law for authors and creators of intellectual property providing for exclusive rights to publish. A trade secret is commercial information describing a plan, process, or mechanism which is only known by the owner and a limited number of others, and is commonly protected by a confidentiality agreement.

NEW QUESTION: 3
Refer to the exhibit.
A developer uses the Web service client wizard in IBM Rational Application Developer. What will be different in the generated artifacts?
A. There is no change in the generated artifacts, only the methods called from the actual client will vary.
B. The ibm_webserviceclient_bnd.xmi file specify that the invocation is asynchronous.
C. Additional methods will be generated to invoke the Web service.
D. A JAX-RPC handler is created to handle the response from the Web service.
Answer: C

NEW QUESTION: 4
DQZ Telecom is considering a project for the coming year, which will cost $50 million. DQZ plans to use
the following combination of debt and equity to finance the investment.
. Issue $15 million of 20-year bonds at a price of 101, with a coupon rate of 8 percent, and flotation costs
of 2 percent of par.
. Use $35 million of funds generated from earnings.
The equity market is expected to earn 12 percent. U.S. treasury bonds are currently yielding 5 percent.
The beta coefficient for DQZ is estimated to be .60. DQZ is subject to an effective corporate income tax
rate of 40 percent.
The before-tax cost of DQZ's planned debt financing, net of flotation costs, in the first year is:
A. 7.92 percent.
B. 10.00 percent.
C. 11.80 percent.
D. 8.08 percent.
Answer: D
Explanation:
Choice "b" is correct. 8.08 percent before-tax cost of debt financing, net of flotation costs.



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