Practice Test
(True/False) Azure Cost Management and Billing tool is only available for the Enterprise users.
• True
• False
Answer: False
Explanation: Azure Cost Management and Billing tool is available for all users including Pay-As-You-Go, MSDN, and others, not just Enterprise.
(Multiple Select) The Azure Cost Management and Billing tool can be used to:
• Keep track of your cloud spending
• Create and manage Azure resources
• Animate your cloud expenditure
• Monitor your budget
Answer: A and D
Explanation: The tool is used to monitor your cloud spending and help you stay within your budget.
(Single Select) Can you manage the costs of all your cloud services using Azure Cost Management and Billing tool?
• Yes
• No
Answer: A
Explanation: The tool helps you manage your costs for Azure services and other cloud services.
(True/False) Azure Cost Management and Billing tool is a free tool provided by Azure.
• True
• False
Answer: True
Explanation: Azure provides this tool for free to all its users to manage and monitor their cloud costs effectively.
(Single Select) With the Azure Cost Management and Billing tool, you can:
• Predict future costs
• Forecast weather
• Monitor network traffic
• Create visual graphics for presentations
Answer: A
Explanation: The tool provides cost analysis and forecasting features, which help you predict your future costs based on your current usage.
(Multiple Select) Where can you access the Azure Cost Management and Billing tool?
• Azure portal
• Microsoft website
• Azure mobile app
• Azure CLI
Answer: A and C
Explanation: The tool can be accessed through the Azure portal and the Azure mobile app.
(True/False) Azure Cost Management and Billing tool provides the ability to export data.
• True
• False
Answer: True
Explanation: The tool allows exporting cost data for further analysis in external systems.
(Single Select) Azure Cost Management and Billing is integrated with which of the following?
• Azure Advisor
• Azure Active Directory
• Azure Bot Service
• Azure DevOps
Answer: A
Explanation: Azure Cost Management and Billing is integrated with Azure Advisor, enabling users to get most cost-effective and performant solutions.
(Multiple Select) Azure Cost Management and Billing tool allows you to:
• Monitor daily costs
• Track monthly costs
• Receive cost alerts
• Predict yearly costs
Answer: A, B, and C
Explanation: The tool allows you to monitor your costs on a daily and monthly basis, and receive alerts, but it does not predict yearly costs.
(True/False) Azure users can only view the costs but they cannot control them through Azure Cost Management and Billing.
• True
• False
Answer: False
Explanation: Azure Cost Management and Billing not only provides visibility into your costs, but also helps you manage them better.
(Single Select) Azure Cost Management and Billing does not support which of the following cloud platforms?
• AWS
• GCP
• IBM Cloud
• All of the above
Answer: C
Explanation: Azure Cost Management and Billing supports both AWS and GCP, but not IBM Cloud.
(True/False) You can analyze your spending trend in Azure Cost Management by service, location, and operation.
• True
• False
Answer: True
Explanation: Azure Cost Management provides detailed cost breakdowns by Azure service, location, and operation to analyze spending trends.
(Single Select) Azure Cost Management and Billing includes which of the following services?
• Azure Cost Management Data
• Azure Cost Analysis
• Both A and B
• None of the above
Answer: C
Explanation: Azure Cost Management and Billing includes both Azure Cost Management Data and Azure Cost Analysis.
(True/False) You can configure budgets in Azure Cost Management and Billing at the management level.
• True
• False
Answer: True
Explanation: Budgets can be set at the management group level, ensuring costs do not exceed your budget for the aggregated scope.
(Single Select) What is the role of Azure Advisor in Azure Cost Management?
• Discuss costs with your team
• Create and assign budgets
• Optimize and save costs
• Develop apps
Answer: C
Explanation: Integrated with Azure Cost Management, Azure Advisor provides personalized recommendations to help you optimize your Azure deployments for high availability, security, performance, and cost.
Interview Questions
What is the main purpose of the Azure Cost Management and Billing tool?
The Azure Cost Management and Billing tool provides functionalities to analyze, manage, and optimize the costs of your Azure resources.
Can the Azure Cost Management and Billing tool be used with all types of Azure accounts?
No, Azure Cost Management and Billing tool is only available for Enterprise Agreement (EA) customers, Pay-As-You-Go users, and Azure Government users.
Does Azure Cost Management tool provide any functionality to forecast future costs?
Yes, the Azure Cost Management tool provides cost forecasting to predict future expenditure based on the current usage trends.
What is the role of Azure Advisor in cost management?
Azure Advisor provides personalized recommendations to help you optimize your Azure deployments for high availability, security, performance, and cost.
What are Azure Reservations?
Azure Reservations offer discounted prices on certain Azure products and services, which allows users to save money by committing to one-year or three-year plans for multiple resources.
Is it possible to set up alerts on cost thresholds using Azure Cost Management?
Yes, Azure Cost Management allows users to create budget alerts that generate notifications when cost thresholds are met.
Are there any cost management tools that can be used with Azure DevOps?
Yes, the Azure DevOps extension for Azure Cost Management and Billing can help manage cloud spend within Azure DevOps environment.
What is Azure Cost Analysis?
Azure Cost Analysis is a feature of Azure Cost Management that visualizes your Azure spending over time, aiding in understanding spending trends and investigating unexpected charges.
How frequent is the data refresh in Azure Cost Management?
The spending data in Azure Cost Management is typically updated every 24 hours.
Can the Azure Cost Management help in identifying cost savings?
Yes, Azure Cost Management tool has a cost optimization feature that helps in identifying potential cost savings by analyzing resource utilization.
Are there role-based access controls in Azure Cost Management and Billing?
Yes, Azure Cost Management supports Role-Based Access Control (RBAC) to specify what actions a user can do within its context.
Can Azure Cost Management be used across all cloud environments?
Azure Cost Management currently supports Azure and AWS platform. Setup for AWS environment is done by enabling AWS connector in Azure Cost Management.
Are there any charges associated with using Azure Cost Management and Billing?
Azure Cost Management and Billing is provided at no additional cost to all Azure users. However, for AWS cost management through the tool, there are charges based on percentage of AWS managed spend.
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