Which of the following statement is not true regarding different models of cloud offerings?

A. In the laaS model, the service provider owns the equipment and is responsible for housing, running, and maintaining it

B. In the PaaS model, the customer owns the equipment and is responsible for housing, running , and maintaining it.

C. In the laaS model, end user experiences a lower cost compared to a licensed version but the ownership of the equipment remains with the service provider.

D. Paas model is more suitable for software development needs as opposed to a SaaS model.