Does the associative property for multiplication hold when there are more than 3 factors multiplied together?

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The associative property for multiplication states that:

$(A \times B) \times C = A \times (B \times C)$

What happens in the case where there is an expression with more than $3$ factors?

For example, $(A \times B) \times C \times D$, since the associative property for multiplication only gives us a 'rule' for $3$ factors.

Would it be accurate to define a number, $E = C D$

and then if :

$(A \times B) \times C \times D$

$= (A \times B ) \times E$

$= A \times ( B \times E)$

$= A \times (B \times (C \times D) )$

$= A \times (B \times C) \times D$

which would show that the order of multiplication of any of those factors doesn't matter.

Can you use this logic for a larger amount of factors to conclude that rearranging the parenthesis in a multiplication won't change the result?