AWS Cost Management Flashcards

Which AWS service provides recommendations to optimize cost by identifying idle and underutilized resources?

Answer: AWS Trusted Advisor

Trusted Advisor's cost optimization checks flag idle and underutilized resources.

What is the primary purpose of AWS Cost Allocation Tags?

Answer: Organize and track costs by resource attributes

Cost allocation tags let you categorize and track AWS spend by labels like project or team.

Which purchasing option offers the deepest discount but can be interrupted by AWS with a two-minute warning?

Answer: Spot Instances

Spot Instances use spare capacity at steep discounts but can be reclaimed with a two-minute notice.

AWS Budgets can trigger an alert based on which of the following?

Answer: Actual or forecasted cost and usage thresholds

AWS Budgets supports alerts on actual and forecasted cost, usage, RI, and Savings Plans metrics.

Which tool gives you the most granular, line-item detail of your AWS charges for custom analysis?

Answer: AWS Cost and Usage Report (CUR)

The Cost and Usage Report provides the most detailed, hourly line-item billing data.

Savings Plans offer discounts in exchange for a commitment to what?

Answer: A consistent amount of compute usage (measured in $/hour) over 1 or 3 years

Savings Plans commit to a steady dollar-per-hour compute spend for one or three years in return for lower rates.

Which AWS Organizations feature lets you combine usage across accounts to qualify for volume discounts and share RIs?

Answer: Consolidated Billing

Consolidated billing aggregates usage across member accounts, enabling volume pricing and RI/Savings Plan sharing.