A division or department within a company that requires funding to cover costs of operation, but contributes only indirectly to the profits of the company. Other business units that directly contribute to the profitability of a company are called revenue centers or profit centers.
Related information about cost center:
- Cost centre (business) - Wikipedia, the free encyclopedia
In business, a cost centre or cost center is a division that adds to the cost of an organization, but only indirectly adds to its profit. Typical examples include ...
- Cost center - Wikipedia, the free encyclopedia
From Wikipedia, the free encyclopedia. Jump to: navigation, search. Cost center may also refer to: Cost Sports Center, the indoor athletic facility often referred to ...
- What is cost center? - Definition from WhatIs.com
A cost center is an organizational department or function that does not produce direct profit and adds to the cost of running a company but that is nevertheless ...
- Cost Center - Financial Dictionary - The Free Dictionary
Any division, department, or subsidiary of a company that has expenses but is not directly producing revenues. Cost Center. A department or other section of a ...
- What is a cost center? | AccountingCoach.com Q&A
A cost center is often a department within a company. The manager and employees of a cost center are responsible for its costs but are not responsible for.
- What is cost center? definition and meaning
Definition of cost center: A defined area, machine, or person to whom direct and indirect costs are allocated.
- Duplicate Cost Center | SCN
22 hours ago ... I have a cost center showing up twice in the standard hierarchy. Is there a way to delete one of the the duplicated cost center. Please advise, ...
- Your IT Department: Cost Center or Profit Center? | ZDNet
May 7, 2012 ... It is rare to find organizations who can leverage IT to unlock real value and profit, and as a result, most businesses must treat IT as a cost center, ...