CLF-C02 Question 302
Select 3A company wants to manage its cloud costs effectively by setting spending thresholds for different teams, visualizing cost trends, and simplifying the allocation of shared costs across multiple accounts. Which combination of AWS services would best meet these requirements?
- A
AWS Budgets
- B
AWS Cost Explorer
- C
AWS Billing Conductor
- D
AWS Trusted Advisor
- E
AWS Identity and Access Management (IAM)
Show answer and explanation
Correct answers: A, B, C
Explanation
To manage cloud costs effectively in this scenario, the company needs tools to handle budgets, visualize trends, and allocate shared costs. AWS Budgets is suitable for setting and monitoring budgets, AWS Cost Explorer helps with analyzing cost trends, and AWS Billing Conductor simplifies shared cost allocation. These three services together meet the company's requirements.
- A. Correct.
AWS Budgets allows you to set spending thresholds and receive alerts when costs or usage exceed defined limits, making it ideal for managing budgets per team.
- B. Correct.
AWS Cost Explorer provides tools for visualizing and analyzing cost and usage trends, which helps in understanding spending over time.
- C. Correct.
AWS Billing Conductor enables the customization of billing and cost allocation for shared services, which is useful for distributing shared costs across multiple accounts.
- D. Incorrect.
AWS Trusted Advisor provides recommendations for cost optimization, security, and performance, but it does not directly assist with setting budgets, visualizing costs, or allocating shared costs.
- E. Incorrect.
AWS Identity and Access Management (IAM) manages access to AWS services and resources but does not offer cost management or visualization features.