AWS Certified Cloud Practitioner

Explanation:

Consolidated billing is the correct AWS feature that allows organizations with multiple AWS accounts to share volume pricing discounts. Here's why:

1. Consolidated Billing Purpose: This feature enables organizations to combine usage from multiple AWS accounts to qualify for volume pricing discounts. AWS aggregates the usage across all linked accounts to determine the total usage for billing purposes.

2. How It Works: When you use AWS Organizations with consolidated billing, all AWS usage from member accounts is combined into a single bill for the management account. This combined usage can reach higher volume tiers, resulting in lower prices for services like Amazon EC2, Amazon S3, and other AWS services.

3. Benefits:

   • Volume Discounts: Combined usage across accounts qualifies for volume pricing tiers

   • Single Bill: Simplified billing with one invoice for all accounts

   • Cost Allocation: Easier tracking of costs by account, department, or project

   • Reserved Instance Sharing: Reserved Instances can be shared across accounts

4. Why Other Options Are Incorrect:

   • Amazon QuickSight: A business intelligence service for data visualization and analytics, not related to billing or pricing discounts.

   • AWS Cost Explorer: A tool for analyzing and visualizing AWS costs and usage, but it doesn't enable sharing of volume pricing discounts.

   • AWS Budgets: A service for setting custom budgets and receiving alerts when costs exceed thresholds, but it doesn't facilitate volume pricing discounts across accounts.

5. Implementation: Consolidated billing is managed through AWS Organizations, where you designate one account as the management account and link other accounts as member accounts. The management account receives a single bill that includes all charges from member accounts.