CCP AWS Pricing, Billing and Cost Management 1 — Questions and Answers
Question 1: Which AWS pricing model offers the largest discount compared to On-Demand pricing in exchange for a 1- or 3-year commitment?
- Spot Instances
- Reserved Instances (Correct answer)
- Savings Plans
- Dedicated Hosts
Correct answer: Reserved Instances
Reserved Instances offer up to 72% savings over On-Demand pricing when you commit to a specific instance type for 1 or 3 years.
Question 2: Which AWS pricing model is best for workloads that can tolerate interruptions and want the lowest possible compute cost?
- On-Demand Instances
- Reserved Instances
- Spot Instances (Correct answer)
- Dedicated Instances
Correct answer: Spot Instances
Spot Instances use spare EC2 capacity and can be up to 90% cheaper than On-Demand, but AWS may reclaim them with a two-minute warning.
Question 3: Which AWS tool lets you estimate the monthly cost of your planned AWS infrastructure before deploying it?
- AWS Cost Explorer
- AWS Budgets
- AWS Pricing Calculator (Correct answer)
- AWS Trusted Advisor
Correct answer: AWS Pricing Calculator
The AWS Pricing Calculator lets you model your expected workloads and estimate monthly costs before committing to any resources.
Question 4: Which AWS service allows you to set spending thresholds and receive alerts when your costs or usage exceed defined limits?
- AWS Cost Explorer
- AWS Budgets (Correct answer)
- AWS Bills
- AWS Pricing Calculator
Correct answer: AWS Budgets
AWS Budgets lets you define cost, usage, or reservation budgets and sends alerts via SNS or email when thresholds are breached.
Question 5: What is the AWS Free Tier, and how long does the standard 12-month free tier last?
- Unlimited free usage forever
- Free usage for 12 months after account creation (Correct answer)
- Free only for Enterprise Support customers
- Free for 6 months on new regions
Correct answer: Free usage for 12 months after account creation
The AWS Free Tier offers new customers 12 months of limited free usage for many services, starting from account creation date.
Question 6: Which AWS Cost Management tool provides visualizations of your historical and forecasted spending by service, region, or tag?
- AWS Budgets
- AWS Pricing Calculator
- AWS Cost Explorer (Correct answer)
- AWS Billing Dashboard
Correct answer: AWS Cost Explorer
AWS Cost Explorer provides interactive charts and filtering to analyze past spending patterns and forecast future costs.
Which AWS pricing model offers the largest discount compared to On-Demand pricing in exchange for a 1- or 3-year commitment?