The capability that allows users to append labels for detailed tracking and categorization of spending is known as cost allocation tags. These tags help users break down their cloud expenditures by project, department, environment, or other organizational dimensions, thereby enabling detailed cost analysis and improving spending visibility. Resource groups and AWS Organizations are used for managing and organizing resources and accounts, but they do not by themselves offer the functionality of categorizing spending through labeling. Spending alarms can notify you when your costs exceed a certain threshold but do not categorize or track costs like cost allocation tags do.
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