ACMA Definition

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ACMA is an acronym for Associate Chartered Management Accountant.

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ELECTRONIC DATA INTERCHANGE (EDI) is the use of communication between an entity and customers or suppliers to transact business electronically. Purchases, shipping, billing, cash receipts, and cash disbursements can be completed entirely by exchanging electronic messages.

MARKUP is the amount added to the cost of goods in order to produce the desired profit.

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