CLF-C02 Question 301
Select 3You are a financial analyst working for a company that uses AWS extensively. You want to track monthly costs against a predefined budget, identify services driving costs, and simplify the allocation of shared costs across multiple teams. Which combination of AWS services should you use to achieve these objectives?
- A
AWS Budgets
- B
AWS Cost Explorer
- C
AWS Billing Conductor
- D
AWS Trusted Advisor
- E
AWS Cost and Usage Report
Show answer and explanation
Correct answers: A, B, C
Explanation
To monitor monthly costs, identify cost drivers, and allocate shared costs across teams, you need a combination of AWS Budgets for budget tracking and alerts, AWS Cost Explorer for detailed cost analysis, and AWS Billing Conductor for shared cost allocation. Trusted Advisor and Cost and Usage Report are useful for other purposes but do not fully address these objectives.
- A. Correct.
AWS Budgets is designed for tracking costs and usage against defined budgets and alerting when thresholds are exceeded, making it essential for monitoring monthly costs.
- B. Correct.
AWS Cost Explorer helps analyze and identify cost trends and provides insights into which services are driving costs, making it suitable for identifying cost drivers.
- C. Correct.
AWS Billing Conductor enables the customization and allocation of shared costs across teams or business units, making it ideal for simplifying cost allocation.
- D. Incorrect.
AWS Trusted Advisor provides recommendations for optimizing costs, performance, and security but does not address budget tracking, cost analysis, or shared cost allocation directly.
- E. Incorrect.
AWS Cost and Usage Report provides detailed cost and usage data but does not offer real-time tracking, budget alerts, or shared cost allocation features.