AWS Certified Cloud Practitioner
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A company has moved all its infrastructure to the AWS Cloud. To plan ahead for each quarter, the finance team wants to track the cost and usage data of all resources from previous months. The finance team wants to automatically generate reports that contains the data.
Which AWS service or feature should the finance team use to meet these requirements?
Real Exam
Community
RRitesh
A
Amazon Detective
B
AWS Pricing Calculator
C
AWS Budgets
D
AWS Savings Plans
Explanation:
Explanation
AWS Budgets is the correct answer because:
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Cost and Usage Tracking: AWS Budgets allows you to set custom budgets to track your AWS costs and usage. You can create budgets to track your aggregate costs and usage across all services, or you can track costs and usage for specific services, linked accounts, tags, or other dimensions.
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Historical Data Analysis: The finance team wants to track cost and usage data from previous months. AWS Budgets provides historical data and can generate reports showing how actual costs and usage compare to budgeted amounts over time.
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Automated Reporting: AWS Budgets can be configured to send automated alerts and reports via email or Amazon SNS when actual or forecasted costs exceed budget thresholds. This supports the requirement for automatically generating reports.
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Quarterly Planning: By analyzing historical cost and usage patterns through AWS Budgets, the finance team can make informed decisions for future quarters.
Why the other options are incorrect:
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Amazon Detective: This is a security service used for investigating potential security issues by analyzing log data from AWS resources. It's not designed for cost tracking or financial reporting.
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AWS Pricing Calculator: This is a tool for estimating costs before deploying AWS resources. It's useful for planning but doesn't track actual usage or generate reports on historical data.
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AWS Savings Plans: This is a flexible pricing model that offers lower prices on AWS usage in exchange for a commitment to a consistent amount of usage. While it can help reduce costs, it doesn't provide the tracking and reporting capabilities needed for analyzing historical cost and usage data.
Key Takeaway: For tracking historical cost and usage data with automated reporting capabilities, AWS Budgets is the most appropriate service among the options provided.
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