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Financial Management & Budgeting Flashcards

7 cards from real GCP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Financial Management & Budgeting flashcards as text

  1. A GCP project's billing account is suspended. What is the most likely immediate effect on running resources?

    Answer: Resources are stopped but data is preserved temporarily

    When a billing account is suspended, GCP stops running resources but preserves data for a grace period to allow payment resolution.

  2. Which GCP feature allows you to receive alerts when your spending is projected to exceed a certain threshold before the period ends?

    Answer: Budget forecasted spend alerts

    Budget forecasted spend alerts notify you when GCP's spending projection for the period is expected to exceed your defined threshold.

  3. You want to analyze GCP spending at the resource tag level across multiple projects. What is the best approach?

    Answer: Export billing data to BigQuery and query by labels

    Exporting billing data to BigQuery allows querying cost data by resource labels, enabling granular cross-project analysis.

  4. A company uses 50 n2-standard-4 VMs continuously for a year. Which pricing model would reduce costs the most compared to on-demand pricing?

    Answer: 3-year committed use discounts

    3-year committed use discounts offer up to 70% off on-demand pricing, the highest discount tier for predictable long-term workloads.

  5. Which tool in GCP helps estimate the cost of a proposed architecture before it is deployed?

    Answer: GCP Pricing Calculator

    The GCP Pricing Calculator lets you configure resources and estimate monthly costs before deploying any infrastructure.

  6. Your team accidentally left a large Persistent Disk snapshot unneeded for 6 months. Which cost management practice would have prevented this?

    Answer: Implementing lifecycle policies and regular cost reviews

    Regular cost reviews and automated lifecycle policies help identify and clean up unused resources like orphaned snapshots.

  7. A startup wants to keep GCP costs unpredictable only if usage spikes. Which budget alert configuration is most appropriate?

    Answer: Alert at 50%, 90%, and 100% of a fixed monthly budget

    Setting alerts at 50%, 90%, and 100% provides early warning at multiple stages so the team can respond before overspending significantly.