Oracle Cloud Infrastructure 2021 Multicloud Architect Associate — Question 43

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? (Choose the best answer.)

Answer options

• A. Use the Python SDK to write a custom application that will monitor the Audit log. Look for CREATE events and configure the application to send you an email each time a new resource is created.
• B. Create a tag namespace named BILLING with a Tag Key named CostCenter. Tag each of your resources with this Tag Key and the correct value.
• C. Use the Events Service and create rules that will act when a new Object Storage bucket or Compute Instance has been created. Have the rule email you each time one of these events occurs.
• D. Create a budget for each compartment that will send a notification when monthly spend reaches a pre-defined amount.

Correct answer: D

Explanation

The correct answer is D because creating a budget allows you to monitor and receive notifications about spending limits in real-time, enabling you to identify excessive spend. Options A, B, and C do not provide a comprehensive approach to monitoring costs across all resources; they focus on specific events or tagging without addressing overall expenditure tracking.