Numerical Test Question 49 – Quarterly budget variance

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Scenario

The chart compares forecast and actual programme spending in each quarter.

Spending (£ millions)
Forecast Actual
1.2
1.14
Q1
1.4
1.26
Q2
1.1
1.045
Q3
1.5
1.395
Q4

Question

In which quarter was actual spending the greatest percentage below forecast?

  • A. Q1
  • B. Q3
  • C. Q2
  • D. Q4
Click to reveal the answer

Correct answer: C. Q2

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