ELECTRONIC DATA PROCESSING Definition

Bookmark and Share

ELECTRONIC DATA PROCESSING (EDP) is the processing of information by computer as opposed to handwritten records.

Learn new Accounting Terms

CASH CYCLE is the length of time, normally stated in numbers of days, between the purchase of raw materials and the collection of accounts receivable generated in the sale of the final product.

UNIT-LEVEL ACTIVITY, in Activity Based Costing, is an activity that must be done for each unit of production.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.