True or false: An AWS Pricing Calculator estimate is a guaranteed bill that includes applicable taxes.
3 AWS Cost Estimation and Management Online Quiz Questions
Use this free practice quiz with 20 questions to review 3 AWS Cost Estimation and Management, test your knowledge, and prepare for your next test or exam.
True or false: Receiving an AWS Budgets alert automatically stops resources and caps further charges.
- A
True
- B
False
An AWS Budgets configuration is intended to track how much of a service is consumed, rather than how much it costs. This is a budget.
A finance team needs a summary of charges for a completed billing period. Which report should it use?
- A
Bills and billing views
- B
AWS Cost Explorer
- C
AWS Budgets reports
- D
AWS Data Exports with CUR 2.0
A team wants selected budget metrics sent to it on a weekly schedule. Which AWS feature is suited to this?
- A
AWS Budgets reports
- B
Bills and billing views
- C
AWS Pricing Calculator
- D
Cost allocation tags
A team sets a monthly cost budget of $500 and an alert threshold at 80% of the budget. What dollar amount triggers the threshold? Enter the amount in USD.
A team is estimating a planned workload using public On-Demand rates. It does not need to model existing usage, discounts, or purchase commitments. Which calculator should it use?
- A
The in-console calculator, because it is the only calculator that uses public On-Demand rates
- B
The public calculator, because the team wants a planning estimate using public On-Demand rates
- C
AWS Budgets, because budgets estimate planned service configurations
- D
Cost Explorer, because it generates estimates for workloads that have not yet been deployed
After applying resource tags, a team must the relevant tag keys in Billing and Cost Management → Cost allocation tags to use them for cost allocation.
A team wants to compare cost trends over time and filter or group the data by service, linked account, or activated cost allocation tag. Which tool best fits this task?
- A
AWS Cost Explorer
- B
AWS Pricing Calculator
- C
AWS Budgets reports
- D
Bills and billing views
Which AWS offering provides configurable, detailed cost and usage line items delivered to Amazon S3? Enter the AWS offering's name.
A team is preparing a realistic estimate for a planned workload. Which details are relevant assumptions to enter when modeling its costs? Select all that apply.
- A
The AWS Region
- B
Resource configuration
- C
Hours of operation
- D
Storage
- E
Data transfer
- F
The team's preferred tag-key spelling, as a substitute for service and usage details
- G
A tax amount, because calculator estimates include applicable taxes
A team wants to organize supported AWS charges by project. Which statements describe appropriate use of cost allocation tags? Select all that apply.
- A
Apply tags to supported AWS resources.
- B
Activate the relevant tag keys in Billing and Cost Management → Cost allocation tags.
- C
Use activated tags to group or filter cost data in tools such as Cost Explorer.
- D
Assume that tags automatically classify every charge, including charges for unsupported resources or charge types.
- E
Use tags to change the prices charged by AWS services.
A team is planning a web application with compute instances, attached storage, a database, and data transfer. Describe how the team should build a useful AWS Pricing Calculator estimate and explain why the result may differ from its eventual bill.
True or false: Applying cost allocation tags to an AWS resource changes the price of the service.
- A
True
- B
False
Which AWS tool can you use to estimate costs for a planned workload?
A team wants to compare its use of a particular AWS service against a defined limit. Which option is designed to track service usage?
- A
A cost budget
- B
A usage budget
- C
A Cost Explorer report
- D
A billing export
A cloud-finance team needs detailed cost and usage line items delivered to Amazon S3 so it can build custom reports. Which AWS billing report should it use?
- A
Bills and billing views
- B
AWS Cost Explorer
- C
AWS Budgets reports
- D
AWS Data Exports with Cost and Usage Report 2.0 (CUR 2.0)
What is the name or standard abbreviation of the detailed cost and usage report format that provides line items through AWS Data Exports?
You are estimating a web application that will use compute instances, attached storage, a database, and data transfer. Which approach gives the most complete workload estimate?
- A
Estimate only compute instances because other charges are included automatically.
- B
Estimate compute and storage, but leave out database and data transfer costs.
- C
Include the expected compute, attached storage, database, and data transfer.
- D
Estimate only the database because it represents the application workload.
A team wants a planning estimate that accounts for its existing usage, discounts, and Reserved Instance commitments. Which approach best fits this need?
- A
Use the public calculator because it models existing usage and purchase commitments.
- B
Use the in-console calculator because it can model existing usage, discounts, and purchase commitments.
- C
Use AWS Budgets because it estimates planned workloads and discounts.
- D
Use Cost Explorer because it creates guaranteed estimates for future charges.
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