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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 in which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
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Specified Time
A defined or agreed-upon duration within which a task, operation, or process is to be completed.
Stated Conditions
Predefined terms and requirements specified before a process or event.
Optimal Maintenance Policy
A strategy for scheduling maintenance activities in the most efficient, cost-effective manner while minimizing downtime and extending equipment life.
Historical Data
Recorded information from the past that is used for research, analysis, and decision making in various contexts.
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