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Sally has been in the finance department of Townsend's for the past eight years and is the longest-serving employee in the department.Though she has the experience and the qualifications to become a manager,a male colleague who was not as qualified was promoted over her.Sally notices that all the management positions in the company are occupied by males,even though there are many well-qualified women in the organization.Which of the following describes the above situation?
Machinery
Machines or automated systems used in the manufacturing process or to carry out various tasks. Machinery is considered a long-term, fixed asset in accounting.
Straight-Line Method
A depreciation method that allocates the cost of an asset evenly over its useful life.
Obsolescence
The process of becoming outdated or no longer used, often because of advancements in technology.
Depreciation Expense
An accounting method used to allocate the cost of a tangible asset over its useful life.
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