The Account, Accumulated Depreciation, Is Considered a Permanent Account

question 44

True/False

The account, Accumulated Depreciation, is considered a permanent account.

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Definitions:

Supply Chain

Involves all the steps involved in getting a product from a raw material to the customer, including production, transportation, and distribution.

Customer-Facing

Activities, roles, or functions in a business that directly interact with the customers, such as sales and customer service.

Customer-Touching

Directly interacts with customers, often used to describe technologies or processes that support customer service.

Supply Chain

The series of steps taken in the creation and delivery of a product.