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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 nature of the account (permanent/temporary).
Example:
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Cost-Benefit Analyses
The process of comparing the costs and benefits associated with a decision, project, or policy to determine its feasibility or desirability.
Independent Agencies
Bodies established by the government that operate independently from the executive branch to regulate or oversee specific activities.
Administrative Law Judge
An official who presides over federal administrative hearings, making decisions on disputes between government agencies and those affected by agency actions.
Federal Trade Commission
An independent agency of the United States government aimed at promoting consumer protection and eliminating and preventing anticompetitive business practices.
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