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Welcome to the Cost Metrics and Pricing Models MCQs Page

Dive deep into the fascinating world of Cost Metrics and Pricing Models with our comprehensive set of Multiple-Choice Questions (MCQs). This page is dedicated to exploring the fundamental concepts and intricacies of Cost Metrics and Pricing Models, a crucial aspect of Cloud Computing. In this section, you will encounter a diverse range of MCQs that cover various aspects of Cost Metrics and Pricing Models, from the basic principles to advanced topics. Each question is thoughtfully crafted to challenge your knowledge and deepen your understanding of this critical subcategory within Cloud Computing.

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Check out the MCQs below to embark on an enriching journey through Cost Metrics and Pricing Models. Test your knowledge, expand your horizons, and solidify your grasp on this vital area of Cloud Computing.

Note: Each MCQ comes with multiple answer choices. Select the most appropriate option and test your understanding of Cost Metrics and Pricing Models. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

Cost Metrics and Pricing Models MCQs | Page 3 of 5

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Q21.
Which cloud delivery models are typically associated with the Application Subscription Duration Metric?

a.

IaaS and PaaS

b.

SaaS

c.

IaaS, PaaS, and SaaS

d.

PaaS and SaaS

Discuss
Answer: (b).SaaS Explanation:The Application Subscription Duration Metric is typically associated with the SaaS delivery model.
Q22.
What does the Number of Transactions Users Metric measure?

a.

The amount of transferred I/O data

b.

The duration of cloud service usage subscription

c.

The number of transactions served by the cloud service

d.

The number of registered users in a cloud service

Discuss
Answer: (c).The number of transactions served by the cloud service Explanation:The Number of Transactions Users Metric measures the number of transactions (request-response message exchanges) served by the cloud service.
Q23.
What is the measurement unit for the I/O Data Transferred Metric?

a.

Gigabytes (GB)

b.

Terabytes (TB)

c.

Transactions

d.

Megabytes (MB)

Discuss
Answer: (b).Terabytes (TB) Explanation:The measurement unit for the I/O Data Transferred Metric is Terabytes (TB).
Q24.
During which stage of the cloud service lifecycle are the pricing models and cost templates for a cloud service typically defined?

a.

Cloud Service Deployment

b.

Cloud Service Contracting

c.

Cloud Service Design and Development

d.

Cloud Service Offering

Discuss
Answer: (c).Cloud Service Design and Development Explanation:The pricing models and cost templates for a cloud service are typically defined during the Cloud Service Design and Development stage.
Q25.
What is the purpose of the Cloud Service Contracting phase in the cloud service lifecycle?

a.

To determine the backend architecture for usage measurement

b.

To define the customization options for cloud service pricing

c.

To negotiate rates based on usage cost metrics

d.

To implement billing management system mechanisms

Discuss
Answer: (c).To negotiate rates based on usage cost metrics Explanation:The Cloud Service Contracting phase involves negotiations between the cloud consumer and cloud provider to reach a mutual agreement on rates based on usage cost metrics.
Q26.
During which phase of the cloud service lifecycle are the pricing models for a cloud service offered to potential customers?

a.

Cloud Service Design and Development

b.

Cloud Service Provisioning

c.

Cloud Service Offering

d.

Cloud Service Decommissioning

Discuss
Answer: (c).Cloud Service Offering Explanation:The pricing models for a cloud service are offered to potential customers during the Cloud Service Offering phase.
Q27.
What happens during the Cloud Service Operation phase of the cloud service lifecycle?

a.

The cloud service is deactivated and statistical cost data is archived.

b.

The backend architecture for usage measurement is determined and implemented.

c.

Active usage of the cloud service produces usage cost metric data.

d.

Negotiations between the cloud consumer and cloud provider occur.

Discuss
Answer: (c).Active usage of the cloud service produces usage cost metric data. Explanation:The Cloud Service Operation phase involves the active usage of the cloud service, which produces usage cost metric data.
Q28.
What might cloud providers do on behalf of cloud consumers during the cloud service lifecycle?

a.

Define pricing models and cost templates

b.

Implement billing management system mechanisms

c.

Carry out cost management stages and provide regular reports

d.

Determine the backend architecture for usage measurement

Discuss
Answer: (c).Carry out cost management stages and provide regular reports Explanation:Cloud providers can carry out some cost management stages on behalf of cloud consumers and provide them with regular reports during the cloud service lifecycle.
Q29.
What factors can influence the pricing models used by cloud providers?

a.

Cloud consumer preferences

b.

Overhead incurred during cloud development

c.

Regulatory requirements only

d.

Market competition and regulatory requirements

Discuss
Answer: (d).Market competition and regulatory requirements Explanation:The pricing models used by cloud providers can be influenced by market competition and regulatory requirements, as well as other factors like overhead and cost optimization.
Q30.
What do price templates define in the context of cloud service pricing models?

a.

The number of virtual servers included in a subscription

b.

The type of cloud delivery model used by a cloud provider

c.

The standardized costs and metrics used to calculate cloud service fees

d.

The payment options and schedules available to cloud consumers

Discuss
Answer: (c).The standardized costs and metrics used to calculate cloud service fees Explanation:Price templates define the standardized costs and metrics that specify how cloud service fees are measured and calculated in a pricing model.
Page 3 of 5

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