Cloud Financial Management

Question 1

It 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

It has an easy-to-use interface that lets you visualize, understand, and manage your AWS costs and usage over time.

Answer 2

AWS Cost Explorer

• Exam Tip: Cost Explorer - View current usage (detailed) and forecast usage.

Question 3

It gives you the ability to set custom budgets that alert you when your costs or usage exceed (or are forecasted to exceed) your budgeted amount.

Answer 3

AWS Budgets

• Exam Tip: Budgets - more advanced – track usage, costs, RI, and get alerts

Question 4

It is a single location for accessing comprehensive information about your AWS costs and usage.

Answer 4

AWS Cost & Usage Report

• Exam Tip: Cost and Usage Reports - most comprehensive billing dataset

Question 5

Using the _______________ available in AWS CostExplorer, you can visualize your RI data at an aggregate level or inspect a particular RI subscription.

Answer 5

RI Utilization and Coverage reports

Question 6

It is a flexible pricing model offering lower prices compared to On-Demand pricing, in exchange for a specific usage commitment (measured in $/hour) for a one or three-year period.

Answer 6

Savings Plans