Question

A start-up organization is using the cost explorer tool to view and analyze its costs and usage. Which of the below statements are correct with regards to the cost explorer tool? (Select TWO)

A. Data is available for up to the last 24 months.

B. Provides a forecast of the likely spend for the next six months

C. Spot Instances to purchase are recommended

D. Provides Usage-Based Forecasting

E. Provides trends that you can use to understand your costs.

Answer 1

Answer: D and E.

Option A is INCORRECT.

Data is available for up to the last 12 months.

Option B is INCORRECT.

Cost explorer provides Usage-Based Forecasting not a forecast for the next 12 months.

Option C is INCORRECT.

A recommendation is provided to purchase the Reserved instances.

Option D is CORRECT as Cost explorer provides custom usage forecasts to gain a line of sight into your expected future costs.

Option E is CORRECT