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Which feature distinguishes AWS Savings Plans from Reserved Instances in terms of instance flexibility?

easy📝 Conceptual Q1 of 15
AWS - Cost Optimization
Which feature distinguishes AWS Savings Plans from Reserved Instances in terms of instance flexibility?
ASavings Plans require upfront payment, but Reserved Instances are always pay-as-you-go.
BReserved Instances offer discounts only for spot instances, whereas Savings Plans cover on-demand instances.
CSavings Plans apply discounts across multiple instance families and sizes, while Reserved Instances are specific to instance attributes.
DReserved Instances provide discounts only for EC2, while Savings Plans apply to S3 storage.
Step-by-Step Solution
Solution:
  1. Step 1: Understand Savings Plans flexibility

    Savings Plans provide discounts that apply broadly across instance families, sizes, and regions within a compute service.
  2. Step 2: Understand Reserved Instances specificity

    Reserved Instances are tied to specific instance attributes like instance family, size, and region, limiting flexibility.
  3. Final Answer:

    Savings Plans apply discounts across multiple instance families and sizes, while Reserved Instances are specific to instance attributes. -> Option C
  4. Quick Check:

    Check flexibility scope of discounts [OK]
Quick Trick: Savings Plans offer broader instance flexibility than Reserved Instances [OK]
Common Mistakes:
  • Confusing payment options between Savings Plans and Reserved Instances
  • Assuming Reserved Instances apply to all AWS services
  • Believing Savings Plans only apply to spot instances

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