Financial Planning of Cloud Resources Quiz
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Questions and Answers

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?

<p>Implement chargeback mechanisms based on resource usage (C)</p> Signup and view all the answers

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

<p>Subscription-based licensing (D)</p> Signup and view all the answers

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

<p>Migrate data to cheaper cold storage options (A)</p> Signup and view all the answers

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

<p>To provide access to technical support and new features/upgrades (A)</p> Signup and view all the answers

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

<p>Maintenance agreements provide a perpetual license, while subscription models have an expiring license (C)</p> 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?

<p>To minimize the risk of downtime and potential losses (D)</p> Signup and view all the answers

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

<p>TCO for cloud resources can be minimized by carefully considering maintenance and support costs (D)</p> Signup and view all the answers

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

<p>It allows you to use a specific version of hardware or software indefinitely (B)</p> Signup and view all the answers

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

<p>Cloud resources have a lower upfront cost but higher ongoing costs compared to on-premises infrastructure (B)</p> Signup and view all the answers

What is the primary reason for cloud deployments failing?

<p>Lift and shift approach leading to overprovisioning and high costs (C)</p> Signup and view all the answers

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

<p>Allocate resources somewhere between the minimum and recommended levels (C)</p> Signup and view all the answers

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

<p>Scaling up cloud resources is easier than scaling down (B)</p> Signup and view all the answers

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

<p>It helps in identifying opportunities for cost savings (C)</p> Signup and view all the answers

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

<p>On-premises resources are already purchased and shared, so there is no business case for scaling down (B)</p> Signup and view all the answers

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

<p>Cost analysis and cost calculators provided by cloud service providers (B)</p> Signup and view all the answers

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