What service is used to view and analyze AWS costs?

AWS Cost Explorer is the correct answer because it is a dedicated service provided by Amazon Web Services that allows users to visualize, understand, and manage their AWS spending. Through Cost Explorer, users can generate detailed reports on their AWS costs and usage, analyze spending patterns over time, and forecast future costs. It offers features such as time period comparisons, filtering by service or linked accounts, and viewing trends, which help organizations make informed decisions about their resource provisioning and budgeting.

The service is particularly valuable for organizations looking to gain insights into their AWS expenditures, as it supports interactive data manipulation, enabling users to customize their views based on specific needs. This makes it a powerful tool for cost management in the cloud environment.