Which Features or Services Can Be Used to Monitor Costs

question 349

Multiple Choice

Which features or services can be used to monitor costs and expenses for an AWS account? (Choose two.)

• A) AWS Cost and Usage report
• B) AWS product pages
• C) AWS Simple Monthly Calculator
• D) Billing alerts and Amazon CloudWatch alarms
• E) AWS Price List API

Distinguish between internal and external users of accounting information.

Grasp the concept of net income and its calculation.

Understand the implications of transactions on financial statements.

Be aware of the legal entity concept and its application to different forms of business organization.

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Definitions:

Utility Maximization

The principle that individuals or firms seek to allocate their resources in a manner that maximizes their satisfaction or utility.

Money Income

Money income is the total amount of money earnings received by an individual or household, including wages, salaries, benefits, and investment income, before any deductions.

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one additional unit of a good or service.

Consumer Equilibrium

occurs when a consumer has allocated their resources in such a way that maximizes their utility, given their budget constraint.