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True or false about cloud costs

Exercise and reference answers

Questions
  1. Statement is true
    Yes
    Statement
    Elasticity helps avoid overprovisioning costs.
  2. Statement is true
    No
    Statement
    Every cloud converts capital to operating cost.
  3. Statement is true
    Yes
    Statement
    Service credits are capped by the provider.
  4. Statement is true
    No
    Statement
    An on site private cloud has no up front cost.
  5. Statement is true
    Yes
    Statement
    Non payment can end in loss of data.
Instructions
Decide whether each statement is true or false.

Explanation

_Source: NIST SP 800-146, 'Cloud Computing Synopsis and Recommendations'_
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