The REPLACING LEADING or REPLACING TRAILING phrase of the COPY statement has specified the wrong delimiters for text replacement.
                  
                   
               
            
 
            
            This error message is displayed when the " or ' quotation marks are used to delimit the text replacement and you have compiled
               with the DIALECT"ACU" or the ACU Compiler directive. Ensure you use the == delimiters when specifying the text replacement
               in this COBOL system, as shown below. 
               
...
COPY "demo91.cpy" REPLACING LEADING "demo91" BY "acct".		*> this is incorrect
COPY "demo91.cpy" REPLACING LEADING ==demo91== BY ==acct==.	*> this is correct
...