Summer Special Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: vce65

Aldar Properties is a property developer in UAE.

  1. Home
  2. CIPS
  3. CIPS Level 4 Diploma in Procurement and Supply
  4. L4M2
  5. L4M2 Questions
  6. Defining Business Needs Practice Questions

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

CIPS L4M2 View All Questions

CIPS L4M2 Summary

  • Vendor: CIPS
  • Product: L4M2
  • Update on: Jul 30, 2025
  • Questions: 237
Price: $52.5  $149.99
Buy Now L4M2 PDF + Testing Engine Pack
Next
A procurement manager consolidates the company expense on printing and office supplies into broader range...
An organisation's procurement team is in the best position to make the following contribution to...
Previous

Payments We Accept

Your purchase with ExamsVCE is safe and fast. Your products will be available for immediate download after your payment has been received.
The ExamsVCE website is protected by 256-bit SSL from McAfee, the leader in online security.

examsvce payment method

Contact Us

Copyright © 2013-2025 examsvce.com. All Rights Reserved
mcafee secure

TESTED 01 Aug 2025