Bracken Clinic Uses Client-Visits as Its Measure of Activity

question 361

Multiple Choice

Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but its actual level of activity was 2,140 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:
Data used in budgeting:
Actual results for September:

-The overall revenue and spending variance (i.e.,the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for September would be closest to:

• A) $1,798 U
• B) $1,798 F
• C) $910 U
• D) $910 F

Discuss the societal and economic impacts of income and wealth inequality.

Evaluate the arguments for and against greater income equality and the effects on incentives and utility.

Understand the rate of poverty in the United States and how it has changed over time.

Recognize the goals and conflicts in economic policymaking related to income distribution and output growth.

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Definitions:

Negative Reinforcement

A behavior modification method that involves the removal of an unpleasant stimulus to increase the likelihood of a desired behavior.

Cumulative Record

A continuous record that shows the total number of times a response occurs in a given time period.

Steep Slope

A surface of which one end or side is at a much higher level than another, making an angle with the horizontal surface that is more pronounced.

Reinforcement Contingencies

Conditions in which the delivery of rewards or punishments are contingent upon a specific behavior, used to increase or decrease the likelihood of that behavior's occurrence.