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AWS Cloud Foundations: Cloud Economics and Billing

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AWS Cloud Foundations: Cloud Economics and Billing

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Questions and Answers

What is the primary objective of this module?

To master AWS Cost Explorer

To learn about the AWS Pricing Calculator

To understand the AWS technical support plans

To recognize the fundamental pricing characteristics of AWS (correct)

What are the three fundamental drivers of cost with AWS?

Compute, Storage, and Database

Compute only

Compute, Storage, and Security

Compute, Storage, and Networking (correct)

What is the purpose of the AWS Billing Dashboard?

To compare AWS pricing plans

To request AWS technical support

To simplify billing and account visibility (correct)

To calculate the total cost of ownership

What is the focus of the AWS Training and Certification Module 2?

Cloud Economics and Billing Signup and view all the answers

What is the purpose of the AWS Cost and Usage Reports?

To track and analyze past costs Signup and view all the answers

What is the primary topic of Module 2 in the AWS Academy Cloud Foundations course?

Cloud Economics and Billing Signup and view all the answers

What is the purpose of the AWS Pricing Calculator activity in Module 2?

To estimate the costs for a company using AWS services Signup and view all the answers

What is the focus of the instructor-led demonstration in Module 2?

How to interact with the billing dashboard Signup and view all the answers

Which of the following topics is NOT covered in Module 2?

Cloud Security Signup and view all the answers

What is the purpose of the knowledge check at the end of Module 2?

To test students' understanding of the key concepts covered in the module Signup and view all the answers

Study Notes

Module 2: Cloud Economics and Billing

This module covers topics such as fundamentals of pricing, total cost of ownership, AWS Organizations, AWS Billing and Cost Management, and Technical Support.

Module Objectives

Explain the AWS pricing philosophy
Recognize fundamental pricing characteristics
Indicate the elements of total cost of ownership
Discuss the results of the AWS Pricing Calculator
Identify how to set up an organizational structure that simplifies billing and account visibility to review cost data
Identify the functionality in the AWS Billing Dashboard
Describe how to use AWS Bills, AWS Cost Explorer, AWS Budgets, and AWS Cost and Usage Reports
Identify the various AWS technical support plans and features

Fundamentals of Pricing

The AWS pricing model is based on three fundamental drivers of cost: Compute, Storage, and Data Out

Key Concepts

Total Cost of Ownership (TCO) includes direct and indirect costs associated with using AWS services
AWS Organizations helps simplify billing and account visibility to review cost data
The AWS Pricing Calculator is a tool used to estimate costs for a company
The AWS Billing Dashboard provides visibility into cost and usage data

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Description

This quiz covers the AWS Cloud Foundations Module 2, focusing on cloud economics and billing concepts. Test your knowledge of AWS cloud pricing, cost optimization, and billing best practices.