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For each of the following, identify in Column 1 the category to which the account belongs, in Column 2 the normal balance for the account, in Column 3 the financial statement on which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
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External Monitoring
The process of keeping watch over the environment outside an organization to identify opportunities and threats.
Competitive
Characterized by or showing a strong desire to be more successful than others.
Operating Procedures
Standardized methods and processes designed to consistently carry out day-to-day tasks and operations.
Management Programs
Structured plans and initiatives implemented within an organization to achieve specific operational, tactical, or strategic objectives.
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