Examlex

Solved

Feiner Clinic Uses Client-Visits as Its Measure of Activity

question 175

Multiple Choice

Feiner Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,220 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Feiner Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,220 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting:   -The activity variance for personnel expenses in December would be closest to: A)  $4,024 F B)  $466 F C)  $466 U D)  $4,024 U
-The activity variance for personnel expenses in December would be closest to:


Definitions:

Standard of Care

The degree of prudence and caution required of an individual who is under a duty of care, measured against what a reasonable person would do in similar circumstances.

Particular Expertise

Particular Expertise refers to specialized knowledge or skill in a specific area, often acquired through education, training, or extensive experience.

Doctor

A professional who is qualified to treat people who are ill, specializing in diagnosing and providing treatments to promote and restore health.

Negligent Misstatement

A false statement made carelessly that results in someone suffering loss or damage, leading to potential legal liability for the speaker.

Related Questions