Cloud Financial Management

Question 1

Provides you the ability to track the consumption of shared AWS resources used by software applications and report granular cost breakdown across tenant base.

Answer 1

AWS Application Cost Profiler

Question 2

Easy-to-use interface that lets you visualize, understand, and manage your AWS costs and usage over time.

Answer 2

AWS Cost Explorer

Question 3

Set custom budgets that alert you when your costs or usage exceed (or are forecasted to exceed) your budgeted amount

Answer 3

AWS Budgets

Budgets can be tracked at the monthly, quarterly, or yearly level.

Question 4

What is AWS Cost & Usage Report?

Answer 4

A single location for accessing comprehensive information about your AWS costs and usage

Question 5

Helps you better understand and manage your RIs, you can visualize your RI data at an aggregate level or inspect a particular RI subscription

Answer 5

Reserved Instance (RI) Reporting

Question 6

Flexible pricing model offering lower prices compared to On-Demand pricing

Answer 6

Savings Plans

Question 7

Three types of Savings plan used by AWS

Answer 7

Compute Savings Plans, EC2 Instance Savings Plans, and Amazon SageMaker Savings Plans