Domain 4: Billing and Pricing Flashcards

1
Q

You are managing the company’s AWS account. The current support plan is Basic, but you would like to begin using Infrastructure Event Management. What support plan (that already includes Infrastructure Event Management without an additional fee) should you upgrade to?

A

Upgrade to Enterprise plan.

AWS Infrastructure Event Management is a structured program available to Enterprise support customers (and Business Support customers for an additional fee) that helps you plan for large-scale events, such as product or application launches, infrastructure migrations, and marketing events.

With Infrastructure Event Management, you get strategic planning assistance before your event, as well as real-time support during these moments that matter most for your business.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Which AWS service would enable you to view the spending distribution in one of your AWS accounts?

A

AWS Cost Explorer

AWS Cost Explorer is a free tool that you can use to view your costs and usage. You can view data up to the last 13 months, forecast how much you are likely to spend for the next three months, and get recommendations for what Reserved Instances to purchase. You can use AWS Cost Explorer to see patterns in how much you spend on AWS resources over time, identify areas that need further inquiry, and see trends that you can use to understand your costs. You can also specify time ranges for the data, and view time data by day or by month.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

You work for a financial company that has several mission-critical workloads. Which AWS Support Plan should you use?

A

Enterprise

Recommended if you have business and/or mission critical workloads in AWS. https://aws.amazon.com/premiumsupport/plans/

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

A company has multiple AWS accounts across multiple regions. Which AWS service can be used to manage these accounts and provide consolidated billing?

A

AWS Organizations

AWS Organizations helps you centrally govern your environment as you grow and scale your workloads on AWS. Whether you are a growing startup or a large enterprise, Organizations helps you to centrally manage billing; control access, compliance, and security; and share resources across your AWS accounts. https://aws.amazon.com/organizations/

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

You need to track your AWS costs on a detailed level. Which tool will allow you to do this?

A

Cost Allocation Tags

A tag is a label that you or AWS assigns to an AWS resource. Each tag consists of a key and a value. For each resource, each tag key must be unique, and each tag key can have only one value. You can use tags to organize your resources, and cost allocation tags to track your AWS costs on a detailed level. After you activate cost allocation tags, AWS uses the cost allocation tags to organize your resource costs on your cost allocation report to make it easier for you to categorize and track your AWS costs. AWS provides two types of cost allocation tags, an AWS generated tags and user-defined tags. AWS defines, creates, and applies the AWS generated tags for you, and you define, create, and apply user-defined tags. You must activate both types of tags separately before they can appear in Cost Explorer or on a cost allocation report. https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/cost-alloc-tags.html

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What is the most cost effective AWS Support Plan if you want the full set of Trusted Advisor checks?

A

Business

The Business Plan is the cheapest plan that will still provide the full set of Trusted Advisor checks. https://aws.amazon.com/premiumsupport/plans/

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

A large company is using multiple AWS accounts and would like to benefit from available volume discounts in AWS. Which AWS feature will enable the company to get volume discounts?

A

Use AWS Organizations and its consolidated billing feature to consolidate billing and payment for multiple AWS accounts.

Consolidated billing has the benefit of combining usage across all accounts in the organization to share the volume pricing discounts, Reserved Instance discounts, and Savings Plans. This can result in a lower charge for your project, department, or company than with individual standalone accounts. Reference: Consolidated billing for AWS Organizations.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Your company is considering migrating its data center to the cloud. What are the advantages of the AWS cloud over an on-premises data center?

A

Replace upfront capital expenses with low variable costs.

All the hardware purchased upfront for a data center will be replaced by resources which are variable in nature with low upfront costs. https://d1.awsstatic.com/whitepapers/introduction-to-aws-cloud-economics-final.pdf

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

A company has signed a 3-year contract with a School District to develop a Teacher Absence Management application. Which type of EC2 instance would be best for application development on this project?

A

Standard Reserved Instances

Standard Reserved Instances provide you with a significant discount (up to 72%) compared to On-Demand Instance pricing and can be purchased for a 1-year or 3-year term. Customers have the flexibility to change the Availability Zone, the instance size, and networking type of their Standard Reserved Instances.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What can we do in AWS to receive the benefits of volume pricing for your multiple AWS accounts?

A

Use consolidated billing in AWS Organizations.

You can use the consolidated billing feature in AWS Organizations to consolidate billing and payment for multiple AWS accounts or multiple Amazon Internet Services Pvt. Ltd (AISPL) accounts. You can combine the usage across all accounts in the organization to share the volume pricing discounts, Reserved Instance discounts, and Savings Plans. This can result in a lower charge for your project, department, or company than with individual standalone accounts.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

You need to visualize, understand, identify trends for future charges, and manage your AWS costs and usage over time. Which AWS tool would you use?

Trusted Advisor

Amazon CloudWatch

AWS Cost Explorer

AWS Cost and Usage Report

A

AWS Cost Explorer

AWS Cost Explorer lets you visualize, understand, and manage your AWS costs and usage over time. You can analyze your cost and usage data at a high level (e.g., total costs and usage across all accounts in your organization) or for highly specific requests. https://docs.aws.amazon.com/whitepapers/latest/cost-optimization-reservation-models/aws-cost-explorer.html

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Your company is considering migrating its data center to the cloud. What are the advantages of the AWS cloud over an on-premises data center?

Replace low variable costs with upfront capital expenses.

Replace upfront capital expenses with low variable costs.

Replace upfront operational expenses with low variable operational expenses.

Maintain physical access to the new data center, but share responsibility with AWS.

A

Replace upfront capital expenses with low variable costs.

All the hardware purchased upfront for a data center will be replaced by resources which are variable in nature with low upfront costs. https://d1.awsstatic.com/whitepapers/introduction-to-aws-cloud-economics-final.pdf

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

You have upgraded your AWS support plan to the Business support level. What is true of the Business Support Plan?

< 15 minutes response time support if your business-critical system goes down.

< 1 hour response time support when your production system goes down.

< 15 minutes response time support when your production system goes down.

< 24 hours response time support when your production system goes down.

A

< 1 hour response time support when your production system goes down.

The Business level support plan provides one hour or less response time support for production level failures. Reference: Compare AWS Support Plans.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

You have a short term computing task to complete. It is essential that this task run uninterrupted from start to finish. Which is the best EC2 option for this task?

Spot Instance

Dedicated Host

Reserved Instance

On-Demand Instance

A

On-Demand Instance

It is a short term project, which rules out reserved instances, and it has to run uninterrupted, which rules out spot instances. With On-Demand instances, you pay for compute capacity by the hour or the second, depending on which instances you run. No longer-term commitments or upfront payments are needed. You can increase or decrease your compute capacity depending on the demands of your application and only pay the specified per hourly rates for the instance you use. https://aws.amazon.com/ec2/pricing/

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Your company is migrating to the AWS Cloud. For servers, your company has existing server-bound software licenses that they would like to continue to use. Which EC2 purchasing option allows this?

A

Dedicated Host

The Dedicated Host option will allow for reuse of these hardware bound licenses. https://aws.amazon.com/ec2/dedicated-hosts/

How well did you know this?
1
Not at all
2
3
4
5
Perfectly