Advanced management accunting
This query is : Resolved
25 February 2014
meaning of profit centre or cost centre in cost accounting
26 February 2014
Profit centers are nothing but can be classified as business segments.
Cost centers are important in costing, these are centers where cost is distribute.
like wise production cost centers, service cost centers, administration cost centers, selling cost centers etc.
Cost centers are important in costing, these are centers where cost is distribute.
like wise production cost centers, service cost centers, administration cost centers, selling cost centers etc.
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