AWS Certified Solutions Architect Associate SAA-C03 Practice Question
A firm has introduced a suite of containerized services, each exhibiting unique patterns of consumption and incurring different operational costs, which need to be reported and analyzed separately by the accounting department every month. To facilitate precise tracking and enable predictive budgeting, which tool should the organization employ to itemize and scrutinize monthly spending for each service?
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The cloud provider's consumption and usage reporting service
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The cloud provider's detailed billing and cost management service
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The cloud provider's legacy monthly cost estimation tool
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The cloud provider's budget management service
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The cloud provider's comprehensive pricing calculator
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A third-party business intelligence tool with data visualization capability
The correct tool for this scenario is the detailed billing and cost management service that provides analytical features. This service allows for in-depth visualization and examination of expenses, enabling the categorization of operational costs through tagging, and offers predictive features for future expense estimation. It's suitable for generating specialized reports that help in identifying spending trends for each service, aiding the firm in maintaining control over their financial outlay.
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What are the advantages of using a cloud provider’s detailed billing service over a third-party tool?