Cost Accounting (15th Edition)
Cost Accounting (15th Edition)
15th Edition
ISBN: 9780133428704
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
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Chapter 4, Problem 4.15Q
To determine

Electronic Data Interchange (EDI):

EDI is a computer application which makes an online link between the supplier and the company. EDI system is used by most of the companies to reduce the wastage of time that occurs in ordering of raw material and it also reduces the paper work.

To explain: Advantage of EDI to managers.

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