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
Which GCP service provides a unified view of costs, usage trends, and cost recommendations across your entire organization?
Answer: Cloud Billing Reports
Cloud Billing Reports in the GCP Console provide organization-wide cost visualization, trend analysis, and filtering by project, service, and label.
An engineer notices that egress charges are unexpectedly high. Which action would most directly identify the source of excessive network costs?
Answer: Use BigQuery billing export filtered by SKU containing 'Egress'
Querying BigQuery billing export data filtered by network egress SKUs pinpoints which projects and resources are generating the most outbound traffic charges.
What is the key financial advantage of GCP's sustained use discounts compared to committed use discounts?
Answer: Sustained use discounts require no upfront commitment or contract
Sustained use discounts are applied automatically with no contract or upfront commitment, whereas CUDs require a 1- or 3-year commitment.
A GCP organization has 20 projects across 3 departments. Which approach best ensures each department is accountable for its own cloud spending?
Answer: Create separate billing accounts per department
Separate billing accounts per department provide clean financial boundaries, independent invoices, and clear accountability for each team's spending.
Which GCP feature automatically detects idle VM instances and recommends rightsizing to reduce costs?
Answer: Active Assist VM Rightsizing Recommendations
Active Assist's VM rightsizing recommender analyzes CPU and memory utilization to suggest smaller machine types for underutilized instances.
A data pipeline writes 500 GB daily to Cloud Storage and reads it back within 24 hours before deletion. Which storage class minimizes total cost for this pattern?
Answer: Standard storage
Standard storage has no minimum storage duration and no retrieval fees, making it most cost-effective for data accessed within 30 days.
Which cost allocation strategy lets GCP billing data reflect shared infrastructure costs (like a shared VPC) proportionally across consuming projects?
Answer: Cost allocation labels applied to shared resources
Applying consistent resource labels to shared infrastructure enables BigQuery billing queries to allocate shared costs proportionally by label groupings.