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The most important advantage of an alphabetic code is that
Permanent Assets
Also known as fixed assets; these are long-term resources owned by a business, like property, plant, and equipment, expected to provide value for several years.
Machinery
Machines collectively, especially those used in production or some form of labor.
Acquisitions
The act of obtaining control of another company or its assets through purchase, which can facilitate growth and expand market share.
Mergers
The process by which two or more companies combine into one entity, typically to achieve strategic objectives, gain market share, or improve efficiency.
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