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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:
Survey
A method of gathering information by asking questions to a sample of people to infer about a larger population.
Target Population
The specific group of individuals that a study or survey intends to analyze or the group for whom a product or campaign is intended.
Political Ideology
A set of beliefs or ethics about the ideal goals and methods of a society's political system, often categorized into broad classes like conservatism, liberalism, and socialism.
Liberalism
A philosophical stance centered on freedom, the governed's approval, and equal treatment under the law.
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