cost centre

Definitions

Accounting

  • noun a person or group whose costs can be itemised and to which costs can be allocated in accounts
  • noun a unit, a process or an individual that provides a service needed by another part of an organisation and whose cost is therefore accepted as an overhead of the business

Economics

  • noun a person or group within a firm whose costs can be itemised and to which fixed costs can be allocated

Publishing

  • noun a group or machine whose costs can be itemised and to which fixed costs can be allocated
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