Describe cost management in Azure

The cloud payment model where you pay for the resources that you use during a billing cycle, allowing for maximum flexibility.

a) Pay-as-you-go b) Reserved pricing c) Spot pricing d) Savings plan

a

The discount option where you commit to specific resources for one- or three-year terms to reduce cost, applying to services such as virtual machines, databases, and storage.

a) Azure savings plan b) Reservations c) Spot pricing d) Free tier

b

The compute pricing option where you commit to an hourly spend amount on eligible compute services for one or three years, with flexibility across VM types.

a) Reservations b) Spot pricing c) Azure savings plan for compute d) Pay-as-you-go

c

The pricing option that uses unused Azure capacity at lower prices, suitable for workloads that can handle interruptions such as batch data processing.

a) Reservations b) Azure savings plan c) Reserved Instances d) Spot Virtual Machines

d

The factors listed that can affect costs in Azure include resource type, consumption, maintenance, geography, subscription type, and:

a) Azure Marketplace b) Time of day c) Number of users d) Deployment method

a

A geographical grouping of Azure regions used specifically for data-transfer pricing, different from availability zones.

a) Region pair b) Billing zone c) Geography d) Sovereign region

b

Data moving into Azure datacenters is referred to as:

a) Egress b) Outbound data transfer c) Inbound data transfer d) Cross-zone transfer

c

Data leaving Azure datacenters is referred to as:

a) Ingress b) Inbound data transfer c) Internal transfer d) Outbound data transfer

d

Some inbound data transfers into Azure datacenters are:

a) Free b) Charged at premium rates c) Charged per gigabyte d) Charged only during peak hours

a

For outbound data transfers, data transfer pricing is based on:

a) Availability zones b) Zones c) Resource groups d) Subscription type

b

The tool designed to give you an estimated cost for provisioning resources in Azure, for information purposes only.

a) Cost Management b) Azure Monitor c) Pricing calculator d) TCO calculator

c

According to the document, the ______ calculator has been retired.

a) Pricing b) Savings c) ROI d) Total Cost of Ownership (TCO)

d

When you add resources to the pricing calculator, you:

a) Are not charged for any services selected b) Provision those resources c) Are charged for selected services d) Create a trial subscription

a

The service that provides the ability to quickly check Azure resource costs, create alerts based on resource spend, and create budgets.

a) Azure Monitor b) Cost Management c) Azure Policy d) Microsoft Defender for Cloud

b

A feature within Cost Management that provides a quick visual for Azure costs, allowing viewing by billing cycle, region, resource, and more.

a) Budget alerts b) Credit alerts c) Cost analysis d) Spending quotas

c

The three types of alerts that may show up in the Cost Management service are budget alerts, credit alerts, and:

a) Resource alerts b) Security alerts c) Performance alerts d) Department spending quota alerts

d

Budget alerts notify you when spending reaches or exceeds a threshold you define, and can be created in the Azure portal or through:

a) Azure Consumption API b) Azure CLI c) Azure PowerShell d) REST API only

a

In the Azure portal, budgets are defined by cost. Using the Azure Consumption API, budgets can also be defined by:

a) Resource count b) Consumption usage c) Number of users d) Storage capacity

b

Credit alerts are generated automatically at ______ and at 100% of your Azure credit balance.

a) 50% b) 75% c) 90% d) 80%

c

Credit alerts are for organizations with:

a) Free accounts b) Pay-as-you-go subscriptions c) Student accounts d) Enterprise Agreements (EAs)

d

Department spending quota alerts notify when spending reaches a fixed threshold of the quota, such as ______ or 75 percent.

a) 50 percent b) 25 percent c) 60 percent d) 90 percent

a

Spending quotas for department spending quota alerts are configured in the:

a) Azure portal b) EA portal c) Cost Management blade d) Pricing calculator

b

A spending limit for Azure that can be set based on a subscription, resource group, service type, or other criteria.

a) Cost alert b) Credit limit c) Budget d) Quota

c

Budgets can be configured to trigger ______ that suspends or modifies resources when a spending threshold is reached.

a) Alerts only b) Manual review c) Account lockout d) Automation

d

Extra information or metadata about resources, useful for resource management, cost management, operations management, security, and governance.

a) Tags b) Policies c) Locks d) Blueprints

a

The recommended starter tags for many teams are Environment, Owner, CostCenter, and:

a) Department b) Workload c) Project d) Region

b

Tags can be added, modified, or deleted through the Azure portal, PowerShell, Azure CLI, Azure Resource Manager templates, or:

a) Azure Monitor b) Azure DevOps c) REST API d) Microsoft Entra ID

c

Resources ______ tags from subscriptions and resource groups.

a) Always inherit b) Partially inherit c) Optionally inherit d) Do not inherit

d

A resource tag consists of a:

a) Name and value b) Key and value c) ID and label d) Category and type

a

The example tag name "AppName" has a value of:

a) The internal cost center code b) The name of the application that the resource is part of c) The technical owner's name d) The environment name

b

The example tag name "CostCenter" has a value of:

a) The name of the application b) The technical owner's name c) The internal cost center code d) The environment name

c

The example tag name "Owner" has a value of:

a) The name of the application b) The internal cost center code c) The environment name d) The name of the technical or service owner

d

The example tag name "Environment" has example values such as:

a) "Prod," "Dev," "Test" b) "Mission-critical," "High-impact," "Low-impact" c) "Public," "Confidential" d) "ISO 27001," "GDPR"

a

The example tag name "Impact" has example values such as:

a) "Prod," "Dev," "Test" b) "Mission-critical," "High-impact," "Low-impact" c) "Public," "Confidential" d) "AppName," "CostCenter"

b

The pricing option best for stable, predictable workloads where you commit to specific resource capacity.

a) Spot pricing b) Azure savings plan c) Reservations d) Pay-as-you-go

c

The pricing option best for interruptible workloads where lowest cost is the top priority.

a) Reservations b) Azure savings plan c) Enterprise Agreement d) Spot pricing

d

The pricing option best when usage is steady but you need more flexibility across compute services.

a) Azure savings plan for compute b) Reservations c) Spot pricing d) Pay-as-you-go

a

An example workload that might align with Reservations is:

a) Batch rendering jobs b) A production SQL workload running 24/7 c) Test jobs that can restart d) Intermittent dev environments

b

An example workload that might fit an Azure savings plan for compute is:

a) A production SQL workload running 24/7 b) Batch rendering jobs c) A mixed web/API workload that shifts among compute services d) A single VM with fixed size

c

Common Spot pricing candidates include:

a) Production SQL workloads b) Mixed web/API workloads c) 24/7 mission-critical applications d) Batch rendering or test jobs that can restart

d

With Spot pricing, workloads can be ______ when Azure needs the capacity back.

a) Evicted b) Paused c) Migrated d) Backed up

a

The consumption-based approach means your costs scale with your:

a) Number of subscriptions b) Actual usage c) Reserved capacity d) Number of resource groups

b

Creating the same storage account in different regions may show:

a) Same costs b) No cost difference c) Different costs d) Costs only in US regions

c

Azure free trial provides access to Azure products free for 12 months and credit to spend within the first:

a) 7 days b) 60 days c) 90 days d) 30 days

d

The free trial provides access to more than ______ products that are always free.

a) 25 b) 15 c) 50 d) 65

a

Cost analysis allows you to view aggregated costs by subscription, resource group, or:

a) User b) Service c) Time of day d) IP address

b

Cost analysis enables seeing accumulated costs over time to estimate ______ cost trends against a budget.

a) Daily b) Hourly c) Monthly, quarterly, or yearly d) Per-user

c

Budget alerts are generated ______ whenever the budget alert conditions are met.

a) Manually b) Weekly c) On demand d) Automatically

d

Whenever a budget alert is generated, an alert email is sent to people in the:

a) Alert recipients list b) Subscription owners list c) Global administrators list d) Billing administrators list

a

Azure savings plan for compute commits to an hourly spend amount for:

a) Six months or one year b) One or three years c) Two or four years d) One month or one year

b

Cost Management helps you monitor, allocate, and ______ your Azure spending.

a) Increase b) Report c) Optimize d) Forecast

c

Tags enable you to locate and act on resources associated with specific workloads, environments, teams, and:

a) Regions b) Costs c) Policies d) Owners

d

Tags enable you to group resources to report on costs, allocate internal cost centers, track budgets, and:

a) Forecast estimated cost b) Enforce security c) Automate deployment d) Monitor performance

a

Tags enable you to classify data by its security level, such as:

a) "Mission-critical" or "Low-impact" b) "Prod" or "Dev" c) "Public" or "Confidential" d) "High" or "Low"

c

Tags can help formulate ______, which are uptime or performance guarantees between you and your users.

a) Budgets b) Service-level agreements (SLAs) c) Policies d) Compliance reports

b

Budget alerts can only be created through the Azure portal.

False

Credit alerts are generated automatically at 80% and 100% of your Azure credit balance.

False

Department spending quota alerts are available to all Azure subscription types.

False

Resources inherit tags from subscriptions and resource groups.

False

The Pricing calculator provisions resources when you add them to the estimate.

False

Billing zones are the same as availability zones.

False

The recommended starter tags are Environment, Owner, CostCenter, and Department.

False

The TCO calculator is still available and has not been retired.

False

When you purchase through Azure Marketplace, billing structures are set by Microsoft.

False

A workload that starts as interruptible should never be moved to a more predictable pricing model.

False

The free trial includes credit to spend within your first 60 days of sign-up.

False

Azure savings plan for compute commits to a specific VM family or instance type.

False