Oracle Cloud Infrastructure Budgets: Options and Setup

Set Budgets on Oracle Cloud Infrastructure: Exam 1Z0-1085-20

Question

Oracle Cloud Infrastructure Budgets can be set on which two options? (Choose two.)

Answers

Explanations

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A. B. C. D. E.

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https://docs.cloud.oracle.com/en-us/iaas/Content/Billing/Concepts/budgetsoverview.htm

Oracle Cloud Infrastructure (OCI) Budgets is a service that enables you to set spending limits for your OCI resources and receive alerts when the actual spending exceeds those limits. Budgets can be set on the following two options:

  1. Compartments: A compartment is a logical container for organizing and isolating your cloud resources. You can set budgets at the compartment level to monitor the usage and costs associated with all the resources within that compartment. For example, you can set a budget for the development compartment to ensure that the team does not overspend on resources during the development phase.

  2. Free-form tags: Free-form tags are key-value pairs that you can assign to your resources to enable easier management and organization. You can set budgets based on the tags to monitor the usage and costs associated with all resources that have that specific tag. For example, you can set a budget for all resources with the tag "project-A" to ensure that the costs associated with that project are within the expected range.

Note that the other options listed in the question are not applicable for setting budgets in OCI:

  • Tenancy: A tenancy is the root compartment in OCI and represents the highest level of isolation and management in the cloud environment. You cannot set budgets at the tenancy level.

  • Cost-tracking tags: Cost-tracking tags are a type of predefined tags in OCI that you can use to track the cost of specific resources. However, you cannot set budgets based on these tags.

  • Virtual Cloud Network: A virtual cloud network (VCN) is a customizable and private network in OCI that you can use to launch your compute instances. You cannot set budgets at the VCN level.