Cost centre (business)
Management accounting term / From Wikipedia, the free encyclopedia
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A cost centre is a department within a business to which costs can be allocated. The term includes departments which do not produce directly but they incur costs to the business,[1] when the manager and employees of the cost centre are not accountable for the profitability and investment decisions of the business but they are responsible for some of its costs.[2][3]
This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. (December 2015) |