ExpertEasy2 marksMultiple Choice
ACCA · Question 06 · Information, technologies and systems
Section A
FinTech Solutions has recently migrated its entire management accounting system to a public cloud infrastructure.
Which of the following represents the most significant new risk introduced by this specific move to cloud computing?
Section A
FinTech Solutions has recently migrated its entire management accounting system to a public cloud infrastructure.
Which of the following represents the most significant new risk introduced by this specific move to cloud computing?
Answer options:
A.
The inability to access data from remote locations.
B.
Dependency on the cloud service provider's security protocols and uptime.
C.
Increased capital expenditure on internal server hardware.
D.
The requirement to manually update software versions across the company.
How to approach this question
Consider the differences between on-premise hosting and cloud hosting. What control is relinquished when moving to the cloud?
Full Answer
B.Dependency on the cloud service provider's security protocols and uptime.✓ Correct
By moving to a public cloud, FinTech Solutions outsources the physical and network security of its servers to the provider. The primary risk becomes the dependency on that third party to maintain uptime (availability) and prevent data breaches (security).
Common mistakes
Selecting options related to hardware costs, failing to recognize that cloud computing reduces internal hardware CapEx.
Practice the full ACCA PM — Performance Management Practice Exam 2
32 questions · hints · full answers · grading
More questions from this exam
Q01**Section A**
AgriData is a modern agricultural cooperative that uses drone imagery and soil sen...MediumQ02**Section A**
NeuroTech is a startup developing a new brain-computer interface headset. The esti...EasyQ03**Section A**
GlobalRelief, an NGO, distributes two types of emergency kits: Standard and Medica...MediumQ04**Section A**
CloudServe, an IT consultancy firm, is considering abandoning traditional annual b...MediumQ05**Section A**
MetroWater, a public utility company, evaluates its regional divisions using Retur...Medium