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The combination of expenses for cloud resources is known as __________.
- operational costs
- capital costs
- total cost of ownership
- limited costs
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The expenses associated with implementing, configuring, and administering new hardware is an example of ___________.
- direct costs
- indirect cost
- total cost of ownership
- sunk costs
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___________ are large expenditures, normally for plant, property, and equipment.
- Total costs
- Operational costs
- Sunk costs
- Capital costs
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The amount spent to build a data center would be considered _____________.
- OPEX
- TCO
- CAPEX
- none of these
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________ are expenses that correspond to the day-to-day running of a business.
- OPEX
- TCO
- CAPEX
- None of these
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_____________ is a measure of the financial gain (or loss) of an investment.
- TCO
- ROI
- CAPEX
- ROC
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In general, a cloud solution will have a lower _______ than an equivalent on-premise solution.
- ROI
- ROC
- TCO
- OPN
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___________ is a ratio of a company’s income to revenue.
- Return on investment
- Total cost of ownership
- CAPEX
- Profit margin
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__________ is the process of aligning computing resources with user demand.
- Right sizing
- Virtualization
- Cloud bursting
- SaaS
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Rent, power, and air conditioning are example of _____________.
- capital costs
- operational costs
- durable costs
- ONEX
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___________ are costs associated with an activity’s potential that a company must forgo when selecting an alternative.
- Opportunity costs
- Capital costs
- Operational costs
- Traditional costs
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The statement “The number of transistors that can be placed on an integrated circuit doubles every two years” is _________.
- Gates’ Law
- Intel Law
- Moore’s Law
- Gibson’s Law
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Beyond economics, other reasons for moving to the cloud include which of the following: (Select all that apply.)
- Scalability
- Robustness
- Right sizing
- Increased TCO
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The cloud’s financial model is often called the ________ model.
- pay in advance
- pay for what you use
- virtual pay
- None of the above
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_______ is the study of the production, distribution, or consumption of goods and services.
- Data science
- Finance
- Economics
- Virtualization
-
Computing resources that you contract for in advance, but may not use, are called _______.
- cloud bursts
- virtualized resources
- reserved instances
- holds
-
BYOL is an acronym for _________.
- bring your own language
- bring your own license
- bring your own liabilities
- bring your own labor
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Within an organization, for accounting purposes, different groups may incur costs for cloud-resource use through the process of _________.
- cloud bursts
- SLAs
- chargebacks
- None of these
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__________ software is normally free or less expensive to use than proprietary software.
- Cloud-enabled
- Virtualized
- Open-source
- SLA
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_______________ is the process of turning off cloud resources that are not in use.
- Auto shutdown
- Devirtualization
- Bursting
- Instance spin off