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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 company exports GCP billing data to BigQuery. What is a key advantage of using BigQuery for billing analysis over the standard Billing Console?

    Answer: BigQuery allows custom SQL queries and joining with non-GCP data sources

    BigQuery billing export enables custom SQL analysis and lets you join cloud cost data with internal business data like revenue or headcount.

  2. Which statement about GCP Committed Use Discounts (CUDs) is correct?

    Answer: CUDs are flexible and apply to any matching resource usage across a project or billing account

    Resource-based CUDs apply to any usage matching the committed resource type within the project or billing account, not to specific VM instances.

  3. An organization wants to enforce that no GCP resource is created in regions outside North America to control data transfer costs. Which tool enforces this?

    Answer: Organization Policy Service resource location constraints

    Organization Policy Service allows enforcing resource location constraints that prevent resource creation in unapproved regions across the entire organization.

  4. What is the minimum number of hours a Preemptible VM (now Spot VM) must run before it can be preempted by GCP?

    Answer: There is no guaranteed minimum runtime

    Spot VMs can be preempted at any time with a 30-second notice; GCP provides no guaranteed minimum runtime before preemption.

  5. A financial services firm requires that all GCP cost reports include a specific project-level cost center code for internal chargebacks. What mechanism enables this?

    Answer: Resource labels applied at project creation with the cost center value

    Resource labels on projects (e.g., cost-center=CC-1234) propagate to billing data export, enabling chargeback reports filtered by cost center code.

  6. Which GCP pricing concept describes the automatic cost reduction that applies when you use a Compute Engine VM for a significant portion of a billing month?

    Answer: Sustained Use Discount

    Sustained Use Discounts automatically reduce the effective hourly rate for VMs used more than 25% of a month, with no commitment required.

  7. A team is evaluating whether to use Cloud SQL or BigQuery for storing and querying financial transaction records. From a cost perspective, BigQuery is more economical when:

    Answer: Data is large and analytical queries scan it infrequently

    BigQuery's query-on-demand pricing is cost-effective for large datasets with infrequent analytical scans, while frequent small queries can become expensive.