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Several development teams in your company have each been provided with a budget and a dedicated compartment to be used for testing purpose u are asked to help them to control the costs and avoid any overspending. What should you do?
Correct Answer: C
Explanation 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. The following concepts are essential to working with budgets: BUDGET A monthly threshold you define for your Oracle Cloud Infrastructure spending. Budgets are set on cost-tracking tags or compartments and track all spending in the cost-tracking tag or compartment and any child compartments. Note: the budget tracks spending in the specified target compartment, but you need to have permissions to manage budgets in the root compartment of the tenancy to create and use budgets. ALERT You can define email alerts that get sent out for your budget. You can send a customized email message body with these alerts. Alerts are evaluated every 15 minutes, and can be triggered when your actual or your forecasted spending hits either a percentage of your budget or a specified set amount. Using Cost-Tracking Tags You can use cost-tracking tags to help manage costs in your tenancy. Use cost-tracking tags to do any of the following: - Filter projected costs - Set budgets You can only use cost-tracking tag with defined tags. You cannot specify free-form tags as cost-tracking tags. You can set email alerts on your budgets. You can set alerts that are based on a percentage of your budget or an absolute amount, and on your actual spending or your forecast spending.
