AWS Budgets for Start-Up Organization | Instance Reservations & Service Costs

Cost Accrual for 10 AWS Budgets by Start-Up Organization

Question

A start-up organization is planning to use the AWS Budget so that it can plan its instance reservations, along with service usage and costs.

It is agreed that 10 budgets would be created. What would be the cost accured for these 10 AWS budgets by the organization?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

Answer: B.

You can add actions to your budgets to control IAM and Service Control Policy permissions as well as AWS resources when thresholds are exceeded (or forecasted to exceed)

Your first two action-enabled budgets are free (regardless of the number of actions you configure per budget) per month.

Afterward, each subsequent action-enabled active budget will incur a $0.10 daily cost.

https://aws.amazon.com/aws-cost-management/pricing/

To understand the cost accrued by the organization for 10 AWS budgets, let's first understand what AWS Budgets are.

AWS Budgets is a free service provided by Amazon Web Services that allows customers to set custom cost and usage budgets for their AWS services. AWS Budgets enables customers to plan their service usage and costs, and get notified when their usage or costs exceed a certain threshold. Customers can create up to 10 AWS Budgets per account.

Now, let's consider the options provided in the question.

A. (9 * rate of budget) per day. B. (8 * rate of budget) per day. C. (7 * rate of budget) per day. D. (10 * rate of budget) per day.

As mentioned earlier, customers can create up to 10 AWS Budgets per account. Therefore, the correct answer would be D, which states that the cost accrued for these 10 AWS budgets by the organization would be (10 * rate of budget) per day.

It is important to note that the rate of budget would depend on the specific AWS service being used, and the pricing model for that service. Therefore, the organization would need to determine the appropriate rate of budget for each of the 10 AWS Budgets they create based on their usage and cost requirements.