Question

Your company has just started using the resources on the AWS Cloud. They want to get an idea on the costs being incurred so far for the resources being used. How can this be achieved?

A) By going to the Amazon EC2 dashboard. Here you can see the costs of the running EC2 resources.
B) By using the AWS Cost and Usage reports explorer. Here you can see the running and forecast costs.
C) By using the AWS Trusted Advisor dashboard. This dashboard will give you all the costs.
D) By using the AWS Cloud Trail logs.

Answer 1

B) By using the AWS Cost and Usage reports explorer. Here you can see the running and forecast costs.

The AWS documentation mentions the following on AWS Cost Reports Cost Explorer is a free tool that you can use to view your costs. You can view data up to the last 13 months, forecast how much you are likely to spend for the next three months, and get recommendations for what Reserved Instances to purchase.