A company is preparing to deploy a high-traffic web application that is expected to have unpredictable consumption patterns. The finance department requires a mechanism to oversee spending against their fiscal plan and be notified if projected or actual expenses are poised to surpass predetermined limits. Which service should they implement for this purpose?
Adopt a cloud advisory tool to monitor expenditure and issue recommendations for budget optimization.
Configure a service to visualize spending trends and set up notifications based on the graphical analysis.
Implement a service that allows setting custom cost and usage alarms to track financial plans and sends notifications when exceeding set limits.
Deploy a tool to deliver detailed billing reports and arrange alerts based on these reports.