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Free Online Flashcard Deck

3 AWS Cost Estimation and Management Free Online FlashCards

Study 3 AWS Cost Estimation and Management with 12 free online flashcards. Review key terms, definitions, and concepts with this interactive flashcard deck.

12 cards
01
Front

What is AWS Pricing Calculator used for?

Back

AWS Pricing Calculator models planned AWS services and usage patterns to estimate workload costs.

02
Front

Which assumptions should a workload cost estimate include?

Back

Include the services and assumptions that drive costs, such as Region, configuration, operating hours, storage, and data transfer.

03
Front

How do the public and in-console calculators differ?

Back

The public calculator uses public On-Demand rates; the in-console calculator can also model existing usage, discounts, and purchase commitments.

04
Front

Are AWS Pricing Calculator results guaranteed bills?

Back

No. Estimates are for planning, not guaranteed bills; actual charges depend on actual usage and other billing factors, and estimates exclude applicable taxes.

05
Front

What distinguishes a cost budget from a usage budget?

Back

A cost budget tracks overall spending or a filtered subset; a usage budget tracks service usage.

06
Front

What two kinds of amounts can trigger AWS Budgets alerts?

Back

Budgets can alert at thresholds based on actual amounts already incurred or forecast amounts expected.

07
Front

Does a budget alert automatically stop AWS charges?

Back

No. An alert alone does not stop resources or cap charges. Budgets can be configured with actions, but alerts are not instantaneous.

08
Front

Why might an AWS Budgets alert lag behind recent usage?

Back

AWS updates the billing data used by Budgets at least daily, so alerts may not reflect usage immediately.

09
Front

How do cost allocation tags help organize AWS costs?

Back

Cost allocation tags are key-value labels on supported resources that help identify which applications, environments, or teams generate costs.

10
Front

What must be done before resource tags can support cost allocation reporting?

Back

Apply tags to supported resources, then activate the relevant tag keys in Billing and Cost Management → Cost allocation tags.

11
Front

Do cost allocation tags classify every charge or change prices?

Back

No. Some resources or charge types may not support tags, and tags organize cost data without changing service prices.

12
Front

Which AWS billing tools summarize charges for a billing period?

Back

Bills and billing views summarize charges for a billing period.