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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 4 of 5

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Q31.
In which cloud delivery model is pricing typically based on factors such as network data transferred, virtual servers, and allocated storage capacity?
Discuss
Answer: (a).IaaS Explanation:In the IaaS (Infrastructure as a Service) delivery model, pricing is typically based on factors such as network data transferred, virtual servers, and allocated storage capacity.
Q32.
What does the pricing model for the SaaS (Software as a Service) delivery model primarily consider when determining pricing?
Discuss
Answer: (c).The number of application modules in the subscription Explanation:The pricing model for the SaaS (Software as a Service) delivery model primarily considers factors like the number of application modules in the subscription when determining pricing.
Q33.
In what scenario might a cloud service be built upon IT resources provisioned from another cloud provider?
Discuss
Answer: (d).In various cloud delivery models Explanation:A cloud service can be built upon IT resources provisioned from another cloud provider in various cloud delivery models, not limited to one specific model.
Q34.
What is the typical frequency for measuring the on-demand storage space allocation metric in cloud storage pricing?
Discuss
Answer: (a).Continuous Explanation:The on-demand storage space allocation metric in cloud storage pricing is typically measured continuously.
Discuss
Answer: (a).The type of IT resource allocation (e.g., on-demand versus reserved) Explanation:Volume discounts in cloud pricing models are primarily determined by the type of IT resource allocation, such as on-demand versus reserved allocation.
Q36.
Which cost management phase involves negotiations between the cloud consumer and cloud provider to reach mutual agreement on rates based on usage cost metrics?
Discuss
Answer: (b).Cloud Service Contracting Explanation:The cloud service contracting phase involves negotiations between the cloud consumer and cloud provider to reach mutual agreement on rates based on usage cost metrics.
Discuss
Answer: (a).Market competition and regulatory requirements Explanation:Factors that can influence the pricing models used by cloud providers include market competition and regulatory requirements, among others.
Q38.
Which cloud delivery model typically defines pricing for network data transferred, virtual servers, and storage, with prices varying based on factors like software configurations and licensing fees?
Discuss
Answer: (b).PaaS Explanation:In the PaaS (Platform as a Service) delivery model, pricing typically includes network data transferred, virtual servers, and storage, with prices varying based on factors like software configurations and licensing fees.
Q39.
What payment options are commonly available to cloud consumers for managing their cloud usage bills?
Discuss
Answer: (a).Pre-payment and post-payment Explanation:Common payment options available to cloud consumers for managing their cloud usage bills are pre-payment and post-payment.
Q40.
Which phase of cost management involves tracking historical billing information to generate insightful reports for identifying usage and financial trends?
Discuss
Answer: (d).Cost Archiving Explanation:Cost archiving is the phase of cost management that involves tracking historical billing information to generate insightful reports for identifying usage and financial trends.
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