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Oracle

1Z0-1067 · Question #60

You have recently Joined a startup company and quickly find that nobody is tracking the amount of money spent on Oracle Cloud Infrastructure (OCI). Seeing an opportunity to help save money you begin…

The correct answer is B. Create a budget for each compartment that will send a notification when monthly spend reaches a. A budget can be used to set soft limits on your Oracle Cloud Infrastructure spending. You can set alerts on your budget to let you know when you might exceed your budget, and you can view all of your budgets and spending from one single place in the Oracle Cloud Infrastructure…

Implement OCI Cost Management

Question

You have recently Joined a startup company and quickly find that nobody is tracking the amount of money spent on Oracle Cloud Infrastructure (OCI). Seeing an opportunity to help save money you begin creating a solution to better track the cost of resources provisioned by each individual on the team. Which option allows you to identify excessive spend across all resources in your tenancy?

Options

  • AUse the Python SDK to write a custom application that will monitor the Audit Log. Look for CREATE
  • BCreate a budget for each compartment that will send a notification when monthly spend reaches a
  • CCreate a tag namespace named BILLING with a Tag Key named CostCenter. Tag each of your
  • DUse the Events Service and create rules that will act when a new Object Storage bucket or Compute

How the community answered

(36 responses)
  • A
    3% (1)
  • B
    75% (27)
  • C
    14% (5)
  • D
    8% (3)

Explanation

A budget can be used to set soft limits on your Oracle Cloud Infrastructure spending. You can set alerts on your budget to let you know when you might exceed your budget, and you can view all of your budgets and spending from one single place in the Oracle Cloud Infrastructure console. Budgets are set on cost-tracking tags or on compartments (including the root compartment) to track all spending in that cost-tracking tag or for that compartment and its children.

Topics

#budget alerts#cost tracking#compartment budgets#spend monitoring

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