Usage-Based Cost and Usage Forecasts
Question
In the AWS Billing and Management service, which tool can provide usage-based forecasts of estimated billing costs and usage for the coming months?
Answers
Explanations
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A. B. C. D.Correct Answer - A.
AWS Cost Explorer can create user-defined custom forecasts for future usage patterns.
https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/ce-forecast.html https://aws.amazon.com/about-aws/whats-new/2019/07/usage-based-forecasting-in-aws-cost-explorer/Option B is INCORRECT because AWS Bills will list the historical costs that would have been incurred over the past month with granular options.
The tool will not give the usage-based forecasts as specified in the question.
Option C is INCORRECT because AWS Reports will give a composite overview of costs and usage.
The tool gives a granular perspective of usage and billing but without usage-based forecasts.
Option D is INCORRECT because AWS Reports and Cost & Usage Reports are the same tool.
Option.
C.
explanation outlines why it is inaccurate as a response to the question.
The tool in the AWS Billing and Management service that provides usage-based forecasts of estimated billing costs and usage for the coming months is AWS Cost Explorer (Option A).
AWS Cost Explorer is a powerful tool that helps users analyze their AWS spending by providing a visual representation of their usage and costs. With Cost Explorer, users can:
Visualize their costs and usage data: Users can see their AWS usage and costs in various charts and graphs, making it easier to understand and analyze their spending.
Create custom reports: Users can create custom reports that provide insights into their AWS usage and costs. They can filter and group data by service, region, usage type, and more.
Forecast their costs: Users can use Cost Explorer to forecast their AWS costs for the upcoming months. This feature helps users plan their budget and optimize their spending.
AWS Bills (Option B) is a tool that provides a detailed breakdown of a user's AWS charges. It shows the costs for each AWS service and the associated usage. However, it doesn't provide usage-based forecasts of estimated billing costs and usage for the coming months.
AWS Reports (Option C) is a collection of reports that provide insights into a user's AWS usage and costs. The reports include the AWS Cost and Usage Report, the AWS Budgets Report, and the AWS Reserved Instance Utilization Report. While these reports provide valuable information, they don't provide usage-based forecasts of estimated billing costs and usage for the coming months.
Cost & Usage Reports (Option D) is a feature that provides detailed information about a user's AWS usage and costs. It includes data on hourly usage and costs for each service and resource, making it easier to analyze and optimize spending. However, it doesn't provide usage-based forecasts of estimated billing costs and usage for the coming months.
In summary, the correct answer is Option A: AWS Cost Explorer.
