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EDP in The Finance and Administrative Services Meaning

The EDP meaning in The Finance and Administrative Services terms is "Electronic Data Processing". There are 1 related meanings of the EDP The Finance and Administrative Services abbreviation.

EDP on The Finance and Administrative Services Full Forms

  1. Electronic Data Processing Electronic Data Processing (EDP) can refer to the use of automated methods to process commercial data. Typically, this uses relatively simple, repetitive activities to process large volumes of similar information. For example: stock updates applied to an inventory, banking transactions applied to account and customer master files, booking and ticketing transactions to an airline's reservation system, billing for utility services. The modifier "electronic" or "automatic" was used with "data processing" (DP), especially ca. 1960, to distinguish human clerical data processing from that done by computer.

Frequently Asked Questions (FAQ)

  1. What does EDP stand for The Finance and Administrative Services?

    EDP stands for Electronic Data Processing in The Finance and Administrative Services terms.

  2. What is the shortened form of Electronic Data Processing in The Finance and Administrative Services?

    The short form of "Electronic Data Processing" is EDP for The Finance and Administrative Services.

Citation

EDP in The Finance and Administrative Services. Acronym24.com. (2022, March 30). Retrieved May 21, 2024 from https://acronym24.com/edp-meaning-in-the-finance-and-administrative-services/

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