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Guareno Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 2,500 client-visits, but its actual level of activity was 2,450 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December:Data used in budgeting: Actual results for December:
The spending variance for medical supplies in December would be closest to:
Henry David Thoreau
An American author, poet, and philosopher best known for his works "Walden," a reflection upon simple living in natural surroundings, and his essay "Civil Disobedience," an argument for disobedience to an unjust state.
Market Revolution
was a period of major economic transformation in the United States during the early 19th century, characterized by rapid developments in transportation, commercialization, and industrialization, leading to the creation of a national market economy.
Walden
A book by Henry David Thoreau, published in 1854, that reflects on simple living in natural surroundings, based on his two-year experience near Walden Pond.
Gibbons v. Ogden
A landmark decision by the U.S. Supreme Court in 1824 that held that the power to regulate interstate commerce was granted to Congress by the Commerce Clause of the Constitution.
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