Linux Foundation FOCP Q&A - in .pdf

  • FOCP pdf
  • Exam Code: FOCP
  • Exam Name: FinOps Certified Practitioner
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Marge is 57 and wants to retire early. Since she is not yet eligible for social security, she wants to begin
tapping a variable annuity to which she has been contributing for the last 20 years. Which of the following
statements regarding her withdrawals is true?
A. Marge can begin her withdrawals tax-free and without penalty under IRS rule 72(t) as long as she does
so following the specific guidelines for a period of five years.
B. Marge can begin her withdrawals without penalty under IRS rule 72(t) as long as she does so following
the specific guidelines for a period of five years; however, the withdrawals will be subject to taxation.
C. Marge can begin her withdrawals tax-free and without penalty under IRS rule 72(t) as long as she does
so following the specific guidelines until she turns 59 1/2 , at which point she will no longer have to follow
the specific guidelines.
D. There is no way that Marge can begin making withdrawals without facing a 10% penalty for early
withdrawal unless she is disabled or needs the money for medical expenses.
Answer: B
Explanation:
Since Marge is only 57, she can begin her withdrawals without penalty under IRS rule 72(t)
as long as she does so following the specific guidelines for a period of 5 years, but the withdrawals will be
subject to taxation. Once she starts the program outlined in rule 72(t), she must remain on it for at least
five years or until she turns 59 1/2 , whichever comes last. This means that although she's already 57 and
will be turning 59 1/2 in 2 1/2 years, she will have to continue to follow the guidelines for a full five years, or
until she turns 62, in this case.

NEW QUESTION: 2
Which capability of the Cloud Pak for Integration secures the front door of a cloud native application?
A. Event Streams
B. App Connect Enterprise
C. Messaging
D. API Management
Answer: D

NEW QUESTION: 3
Which three statements are true about the bootloader? (Choose three.)
A. It is a Windriver's VxWork product
B. It reads the image file
C. It decompresses the image file and loads it into the main RAM
D. It looks at the boot parameters
E. It is based on Linux
Answer: B,C,D

NEW QUESTION: 4
What is the maximum number of nodes currently available in an Avamar server?
A. 0
B. 1
C. 2
D. 3
Answer: D

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