SAA-C03 Question 482
Select 3Your organization uses AWS Organizations with multiple accounts and wants to implement better cost tracking and management. The finance team has requested you to provide a solution to track costs at a granular level for specific projects across all accounts and to consolidate billing for easier payment management. Which combination of approaches should you use to achieve this?
- A
Enable cost allocation tags to track project-specific costs across all accounts.
- B
Set up consolidated billing in AWS Organizations to centralize payment for all accounts.
- C
Enable Amazon CloudWatch billing alarms for each AWS account to track spending thresholds.
- D
Use AWS Budgets to allocate fixed spending limits for each account in the organization.
- E
Activate the AWS Cost and Usage Report to gain detailed insights into spending patterns.
Show answer and explanation
Correct answers: A, B, E
Explanation
To meet the requirements of tracking project-specific costs across accounts and consolidating billing, you need to enable cost allocation tags for granular tracking and set up consolidated billing in AWS Organizations for centralized payment management. Additionally, the AWS Cost and Usage Report provides detailed insights into spending patterns across accounts, complementing these efforts for effective cost management.
- A. Correct.
Correct. Cost allocation tags allow you to categorize and track costs associated with specific projects or resources across all accounts, enabling granular cost tracking.
- B. Correct.
Correct. Consolidated billing in AWS Organizations ensures that all member accounts' costs are grouped under a single payment method for easier financial management.
- C. Incorrect.
Incorrect. While billing alarms in CloudWatch can warn you when spending thresholds are exceeded, they do not help track costs at a granular level or consolidate billing.
- D. Incorrect.
Incorrect. AWS Budgets helps monitor and enforce spending limits, but it does not provide project-specific cost tracking or centralized billing.
- E. Correct.
Correct. The AWS Cost and Usage Report provides detailed data about usage and costs, which can help you analyze and optimize spending effectively.