Leven Clinic Uses Client-Visits as Its Measure of Activity

question 297

Multiple Choice

Leven Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 3,050 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting for September: The personnel expenses in the planning budget for September would be closest to:

• A) $56,535
• B) $54,575
• C) $55,485
• D) $56,000

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Definitions:

Euros

The official currency of the eurozone, which is used by 19 of the 27 European Union countries, known as the member states of the euro area.

Journal Entries

The recorded logs of financial transactions in an accounting system, detailing accounts affected, amounts, and date.

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Currency used in a country other than one’s own, involving the exchange of currencies in the global market for trading, investment, and finance.

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Goods that are bought and sold in a retail or wholesale environment.