For Each of the Following, Identify in Column 1 the Category

question 105

Essay

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(s) on which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
- $$\begin{array} { | l | l | l | l | l | } \hline & \text { Column } 1 & \text { Column } 2 & \text { Column } 3 & \text { Column } 4 \\\hline \text { Raw materials } & & & & \\\text { purchases } & & & & \\\hline\end{array}$$

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Definitions:

Totally Objective

An approach or viewpoint that is completely unbiased and not influenced by personal feelings or opinions.

Standardized Format

A consistent and uniform style or structure used in the creation of documents, procedures, or data to ensure compatibility and comparability.

Minnesota Multiphasic Personality Inventory (MMPI-2)

A standardized psychometric test of adult personality and psychopathology used to identify psychological conditions.

Extraversion

A personality trait characterized by outgoingness, sociability, and a high level of engagement with the external world.