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CIPS Defining Business Needs L4M2 Question # 19 Topic 2 Discussion

CIPS Defining Business Needs L4M2 Question # 19 Topic 2 Discussion

L4M2 Exam Topic 2 Question 19 Discussion:
Question #: 19
Topic #: 2

Aldar Properties is a property developer in UAE. In last month, it spent $2,160 for 10 tons of steel. In this month, it had planned 10% increment in budget for steel comparing to last month. But the number of orders boosted and total spend on steel reached $1,992.1 while Aldar has imported 11 tons. What is the main cost driver of steel budget?


A.

Both price and quantity variances


B.

Inflation


C.

Quantity variance


D.

Price variance


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