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Lantagne Clinic uses client-visits as its measure of activity.During May, the clinic budgeted for 3, 800 client-visits, but its actual level of activity was 3, 820 client-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Actual results for May:
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 May would be closest to:
Privilege
Special rights or advantages available only to a particular person or group of people.
Positive Aspects
Describes the beneficial qualities or positive outcomes of a situation, individual, or concept, highlighting its advantages or valuable effects.
Negative Aspects
Features or characteristics of a situation, phenomenon, or concept that are detrimental, harmful, or undesirable.
Social Construction
The theory that aspects of our reality, including knowledge, are not inherent but are created through social interactions and cultural norms.
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