Cost Center Definition
Cost Center Definition:
A business segment whose manager has control over cost but has no control over revenue or the use of investment funds.
Other Related Accounting Articles:
- Profit Center Definition
- Responsibility Center Definition
- Responsibility Accounting Definition
- Residual Income Definition
- Cost of Capital Definition
- Differential Revenue Definition
- Sub-optimization Definition
- Control Definition
- Need for Managerial Accounting Information
- Controller Definition
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