Cost Metrics and Pricing Models

What does the term "Sunk Costs" refer to in cloud computing?

• Costs associated with migrating data to the cloud

• Costs incurred by raising funds for cloud services

• Costs of prior investments in on-premise IT resources

• Costs related to system integration

Which cloud delivery model typically utilizes subscription durations as a cost metric?

• IaaS

• PaaS

• SaaS

• All of the above

What is the primary tool for managing AWS billing and cost management?

• AWS Organizations

• AWS Support

• AWS Management Console

• AWS Pricing Calculator

What is the core principle behind AWS's pricing strategy as the platform grows?

• Increasing prices to offset rising costs

• Maintaining fixed pricing regardless of usage

• Passing cost savings from economies of scale to users

• Charging premium prices for higher-performing resources

What is the primary function of AWS Support?

• Provide technical support for AWS services

• Offer financial assistance for cloud projects

• Manage billing and cost management activities

• Conduct security audits for AWS accounts

What is the primary factor influencing the cost of AWS compute services?

• Instance type

• Storage capacity

• Network usage

• Data transfer

Which AWS Support plan provides dedicated support for customers running mission-critical workloads?

• Basic Support

• Developer Support

• Business Support

• Enterprise Support

What is the typical unit of measurement for I/O data transferred in cloud storage?

• MB/hour

• GB/month

• TB

• Transactions

What is the key characteristic of AWS's pay-for-what-you-use pricing model?

• No upfront expenses

• Fixed monthly pricing

• Discounted rates for large-scale usage

• Free tier for all services

Which of the following is NOT considered an up-front cost in cloud computing?

• Obtaining IT resources

• Deploying IT resources

• Administering IT resources

• Maintaining IT resources