Financial Planning of Cloud Resources Quiz

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Which factor significantly impacts the total cost of ownership (TCO) for cloud resources?

The level of redundancy and fault tolerance required (correct)

The geographic location of the cloud data centers

The number of virtual machines provisioned

The complexity of the application workloads

When considering the financial impact of moving to the cloud, what should be evaluated?

The cost of cloud networking resources only

The cost of cloud storage only

The cost of on-premises resources versus cloud resources (correct)

The cost of cloud compute resources only

Which storage type is typically more cost-effective for frequently accessed data?

Hard disk drive (HDD) storage

Solid-state drive (SSD) storage (correct)

Optical disk storage

Tape storage

How can an organization effectively manage cloud costs across multiple departments?

Implement chargeback mechanisms based on resource usage Signup and view all the answers

Which licensing model is typically more cost-effective for commercial software in the cloud?

Subscription-based licensing Signup and view all the answers

What is a common strategy to optimize cloud costs for infrequently accessed data?

Migrate data to cheaper cold storage options Signup and view all the answers

What is the primary purpose of maintenance fees for hardware and software in the context of cloud computing?

To provide access to technical support and new features/upgrades Signup and view all the answers

What is the key difference between a maintenance agreement and a subscription-based purchase model?

Maintenance agreements provide a perpetual license, while subscription models have an expiring license Signup and view all the answers

What is the primary reason for purchasing maintenance on hardware and software purchases in the context of cloud computing?

To minimize the risk of downtime and potential losses Signup and view all the answers

Which of the following statements is true regarding the total cost of ownership (TCO) for cloud resources?

TCO for cloud resources can be minimized by carefully considering maintenance and support costs Signup and view all the answers

What is the purpose of a perpetual license in the context of cloud computing?

It allows you to use a specific version of hardware or software indefinitely Signup and view all the answers

Which of the following statements accurately describes the financial planning considerations for cloud resources?

Cloud resources have a lower upfront cost but higher ongoing costs compared to on-premises infrastructure Signup and view all the answers

What is the primary reason for cloud deployments failing?

Lift and shift approach leading to overprovisioning and high costs Signup and view all the answers

What is the recommended approach for resource allocation in the cloud, as per the text?

Allocate resources somewhere between the minimum and recommended levels Signup and view all the answers

Which of the following statements about scaling cloud resources is true, according to the text?

Scaling up cloud resources is easier than scaling down Signup and view all the answers

What is the primary advantage of monitoring resource usage in the cloud, as mentioned in the text?

It helps in identifying opportunities for cost savings Signup and view all the answers

Why is it harder to scale down resources in an on-premises environment compared to the cloud?

On-premises resources are already purchased and shared, so there is no business case for scaling down Signup and view all the answers

Which of the following tools, mentioned in the text, can help in right-sizing cloud resources?

Cost analysis and cost calculators provided by cloud service providers Signup and view all the answers