Cost centre (business)

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]

  1. ^ "What Are the Functions of a Cost Center in a Management Accounting System?". Small Business - Chron.com. Retrieved 2015-11-04.
  2. ^ "What is a cost center? | AccountingCoach". AccountingCoach.com. Retrieved 2015-11-04.
  3. ^ "Cost Center Definition | Investopedia". Investopedia. Retrieved 2015-11-04.