Mixing in Ableton, specifically Parallel / Bussing

Does ableton afford you the same ability to run parallel processing and bussing as the other DAWs like logic, cubase, protools?

If so, what is the method? Thanks!

Yeah. The easiest way is using the audio effect rack.
You should swing by The production course’s open office hours this week. We do Live Q&A and can run through this…