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A company needs to put its AWS resources into groups and then determine the cost for each group.
Which AWS service or feature can the company use to group the resources?
A
Cost allocation tags
B
AWS Budgets
C
AWS Billing Conductor
D
AWS Identity and Access Management (IAM)
Explanation:
Cost allocation tags are the correct solution for grouping AWS resources and determining costs for each group. Here's why:
Resource Grouping: You can apply custom tags to AWS resources (like EC2 instances, S3 buckets, etc.) to organize them by department, project, environment, or any other logical grouping
Cost Tracking: AWS Cost Explorer and AWS Cost and Usage Report can then use these tags to break down costs by the tagged groups
Flexible Organization: Tags allow you to create custom cost centers that match your business structure
AWS Budgets: Used for setting spending thresholds and alerts, not for grouping resources
AWS Billing Conductor: A more advanced service for customizing billing data, but not the primary tool for basic resource grouping
AWS IAM: Manages access control and permissions, not resource cost grouping
Create and apply consistent tagging strategy across resources
Activate tags in AWS Billing console
Use AWS Cost Explorer to view costs by tag
Generate detailed reports with cost allocation by groups
This approach provides granular cost visibility and helps with chargeback/showback models within organizations.