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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 spending variance for occupancy expenses in May would be closest to:
Nominal
Nominal refers to data that is categorized without a natural order or rank, simply identifying different types based on names or labels.
Ethnicity
Ethnicity refers to the social group a person belongs to, and identifies with, often based on cultural, religious, or national characteristics.
Interval Data
A type of data where the order of the data points is significant and the distance between them is equal and meaningful; however, it does not have a true zero point.
Nominal Data
Data classified into categories that cannot be ordered or ranked in a meaningful way, such as gender, race, or color.
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