Practice Test

True/False: AWS Cost Explorer is a service that allows you to visualize, understand, and manage your AWS costs and usage over a specified time period.

  • True
  • False

Answer: True.

Explanation: AWS Cost Explorer is a user interface that lets you visualize, understand, and manage your AWS costs and usage over a specified time period.

Single Select: Which service from AWS helps you to plan, track, and manage your AWS costs?

  • a) AWS Cost and Usage Report
  • b) AWS Budgets
  • c) AWS Cost Explorer
  • d) All of the Above

Answer: d) All of the Above

Explanation: All these services can help in monitoring AWS costs. The Cost and Usage report provides the detailed data you need. AWS Budgets allows you to set custom AWS cost and usage budgets. AWS Cost Explorer has an easy interface that lets users visualize, understand, and manage AWS costs.

True/False: AWS Cost Explorer does not allow you to forecast your future spending.

  • True
  • False

Answer: False

Explanation: AWS Cost Explorer includes a default view that shows the forecasted costs for the next 12 months based on your historical cost data.

Single Select: Which AWS tool can automatically send you alerts when your usage or costs surpass the budget amount that you set?

  • a) AWS Cost and Usage Report
  • b) AWS Budgets
  • c) AWS Cost Explorer
  • d) None of the above

Answer: b) AWS Budgets

Explanation: AWS Budgets can send you email alerts when you cross your budgeted thresholds.

Multiple Select: Which of the following AWS cost management tools can help you with reservations usage and coverage?

  • a) AWS Cost and Usage Report
  • b) AWS Budgets
  • c) AWS Cost Explorer
  • d) None of the above

Answer: a) AWS Cost and Usage Report, c) AWS Cost Explorer

Explanation: Both AWS Cost and Usage Report and AWS Cost Explorer provide information about your Reserved Instances usage and coverage.

True/False: AWS Cost Explorer allows you to create custom, detailed billing reports.

  • True
  • False

Answer: False

Explanation: The AWS Cost and Usage Report is specifically designed to provide comprehensive data about costs, allowing users to create custom, detailed billing reports.

Single Select: Which AWS tool would you use to get comprehensive data about costs that support custom, detailed billing reports?

  • a) AWS Budgets
  • b) AWS Cost Explorer
  • c) AWS Cost and Usage Report
  • d) None of the above

Answer: c) AWS Cost and Usage Report

Explanation: AWS Cost and Usage Report gives detailed reports about costs and supports creating custom billing reports.

True/False: With AWS Budgets, you can create daily, monthly, and annual budgets for your AWS costs.

  • True
  • False

Answer: True

Explanation: AWS Budgets allows creating daily, monthly, and annual budgets for AWS costs.

Single Select: Which service allows you to see the forecasted costs for the next three months based on your historical costs?

  • a) AWS Budgets
  • b) AWS Cost Explorer
  • c) AWS Cost and Usage Report
  • d) None of the above

Answer: b) AWS Cost Explorer

Explanation: AWS Cost Explorer includes a default view that presents a forecast of costs for the next 3 months.

True/False: AWS Cost and Usage Report provides only CSV output.

  • True
  • False

Answer: True

Explanation: AWS Cost and Usage Report outputs in a CSV file format, allowing it to be easily integrated into various data processes and systems.

Interview Questions

What is the primary function of AWS Cost Explorer?

AWS Cost Explorer is a tool that enables users to view and analyze their expenses and usage over time. With AWS Cost Explorer, users can visualize, understand, and manage their AWS costs and usage over time.

Name one use case for the AWS cost and usage report?

A common use case for AWS Cost and Usage Report is to gather comprehensive cost and usage data, which can be further analyzed in other AWS tools or in an external data warehouse to get even more detailed insights about the costs.

What is the purpose of AWS Budgets in AWS cost management?

AWS Budgets gives users the ability to set custom cost and usage budgets that alert when the budget thresholds are exceeded. It helps to manage spending by alerting users to potential cost overruns.

How can the AWS Cost and Usage Report help manage AWS costs?

The AWS Cost and Usage Report contains comprehensive cost and usage data. With this data, users can identify trends, pinpoint cost drivers, and detect anomalies, which helps in managing overall AWS costs efficiently.

Can AWS Budgets forecast future expenses?

Yes, AWS Budgets can forecast the projected costs for your AWS services for up to the next three months based on historical cost data.

When can AWS Cost Explorer data become available for analysis?

Cost Explorer data is available for analysis approximately 24 hours after the charges are incurred.

How does AWS Budgets alert users when their defined budget thresholds are exceeded?

AWS Budgets uses AWS SNS (Simple Notification Service) to send email notifications when your actual or forecasted cost or usage exceeds your budget threshold.

Can the AWS Cost and Usage Report provide insights into Reserved Instance usage?

Yes, the AWS Cost and Usage Report can provide information on your Reserved Instances, including usage, remaining time, size flexibility, and cost distribution.

What functionality does the AWS Cost Explorer API provide?

The AWS Cost Explorer API allows users to directly access Cost Explorer data, enabling them to build their own cost management applications and support decision-making automation.

Can AWS Budgets help with managing spending per department in a company?

Yes, AWS Budgets can create cost allocation tags that allow users to attribute costs to a department, project, or other facets of the business. This makes it useful for controlling costs by project or department.

What are some of the standard recommendations generated by AWS Cost Explorer’s Rightsizing Recommendations feature?

Rightsizing recommendations can suggest modifications like changing instance families, modifying the instance size, or moving to a different pricing model, all of which are based on historical usage data.

In what format does AWS Cost and Usage Report deliver reports?

AWS Cost and Usage Report delivers the report in CSV format and allows the user to send the report to an S3 bucket for storage.

Can AWS Cost Explorer help identify underutilized resources?

Yes, AWS Cost Explorer includes Rightsizing Recommendations that can help identify underutilized resources and suggest ways to save costs, based on past usage.

Can AWS Budgets track usage of specific AWS services?

Yes, AWS Budgets allows users to set cost budget and usage budgets for specific AWS services.

How often are AWS Cost and Usage Reports updated?

AWS Cost and Usage reports can be updated up to three times a day.

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