Which two aspects of the IaaS cloud service model are managed by the service provider? (Choose two.)

Virtual machines (VMs) themselves are provisioned and largely managed (OS, applications, configurations) by the customer in an IaaS model, although the provider provisions the underlying compute capacity.

The physical network, encompassing cabling, switches, and routers, constitutes the foundational infrastructure managed entirely by the cloud service provider in an IaaS model.

Applications running on the virtual machines are entirely the responsibility of the customer in the IaaS model, as they control the operating system and software stack.

Hypervisors are the virtualization layer software that runs directly on physical hardware to create and manage virtual machines, and they are a core component of the infrastructure managed by the cloud service provider in IaaS.

While the physical network is managed by the provider, the configuration and management of the virtual network (e.g., virtual subnets, routing tables within the customer's tenant) are typically managed by the customer in an IaaS model.