Tuason Clinic Uses Client-Visits as Its Measure of Activity

question 184

Multiple Choice

Tuason Clinic uses client-visits as its measure of activity. During May, the clinic budgeted for 2,900 client-visits, but its actual level of activity was 2,930 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 personnel expenses in the planning budget for May would be closest to:

• A)$86,402
• B)$88,580
• C)$89,126
• D)$87,296

---

Definitions:

Accounts

Records summarizing financial transactions, reflecting the financial condition and operations of an entity.

Article 9

A section of the Uniform Commercial Code dealing with secured transactions involving personal property.

Personal Property

Any movable property that is not considered real property, such as vehicles, electronics, and furniture.

Collateral

Assets pledged by a borrower to secure credit or a loan, which can be seized in case of default.