Profit Center Definition
Profit Center Definition:
A business segment whose manager has control over cost and revenue but has no control over the use of investment funds.
Other Related Accounting Articles:
- Investment Center Definition
- Responsibility Center Definition
- Cost Center Definition
- Managed Accounts
- Tax Efficient Fund
- Clone Fund
- Segment Margin Definition
- Discretionary Investment Management
- The Equity Method of Joint Venture Accounting
- Segment Definition
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