CompTIA Cloud+ CV0-003 Practice Question

The correct answer is 'Frequently-accessed tier,' as it is optimized for data that needs to be accessed often and offers a balance between performance and cost. The 'Infrequently-accessed tier' would not be the best choice as it is designed for data that does not require frequent access and could result in slower retrieval times for the monthly financial reports, which are needed on a regular basis. 'Archive tier' is incorrect because it is meant for long-term storage of data that is rarely accessed, and the costs for retrieval can be high, incurring more expense and delay when accessing monthly reports. 'Premium SSD tier' would provide high performance but at a higher cost that isn't necessary for monthly accessed data, making it not the most cost-effective option.