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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 that the account in which the account balance is reported, and in column 4 the account's nature (permanent/temporary).
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Fairness
The equity or impartiality in treatment, judgments, and allocation of resources among individuals or groups.
Maximization
Maximization involves choosing the best feasible option, given a set of constraints, to achieve the highest possible level of an objective, such as profit, satisfaction, or efficiency.
Decision-Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
Vivid Observations
Highly detailed and clear observations, typically used to convey intricate details in a way that is easy to visualize and understand.
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