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What is cost center?
Cost center is a term given to a division or a unit inside a company which is responsible for the incurred cost but does not add profit to it directly. The profitability is gained by a company by direct business actions.
Types of cost center
There are mainly 2 categories under cost center.
You can easily know about the concept, utilization and importance of both these cost center types from our cost center homework help service.
What are the benefits of cost center?
Some of the benefits regarding cost center are:
State few examples of cost center
Some of the essential examples of cost center are:
We have provided more of such examples in our cost center assignment help manual.
What are the functions of cost center?
There are mainly 3 functions of cost center. 2 among those are:
Disadvantages related to cost center
Few of the disadvantages related to cost center are as follows:
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