Which statement about GCP Committed Use Discounts is true?

Prepare for the FinOps Certified Practitioner Exam. Study with advanced flashcards and multiple choice questions, each complete with hints and explanations. Boost your exam readiness today!

Multiple Choice

Which statement about GCP Committed Use Discounts is true?

Explanation:
Committed Use Discounts involve promising to use a specific amount of Compute Engine resources in a defined region for a fixed period (1 or 3 years). In return, you get a substantial discount on the price per unit for that committed usage. This discount isn’t tied to a single VM; it applies to the total usage within the chosen scope across multiple instances that consume those resources. The discount applies to the resources you commit to, not automatically to the cheapest machine types elsewhere. And the key point is that you must make a commitment to usage to receive the discount; if you exceed the commitment you pay standard on-demand rates for the excess, and if you don’t fully use the commitment you still pay for the committed amount at the discounted rate.

Committed Use Discounts involve promising to use a specific amount of Compute Engine resources in a defined region for a fixed period (1 or 3 years). In return, you get a substantial discount on the price per unit for that committed usage. This discount isn’t tied to a single VM; it applies to the total usage within the chosen scope across multiple instances that consume those resources. The discount applies to the resources you commit to, not automatically to the cheapest machine types elsewhere. And the key point is that you must make a commitment to usage to receive the discount; if you exceed the commitment you pay standard on-demand rates for the excess, and if you don’t fully use the commitment you still pay for the committed amount at the discounted rate.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy