What does cost centres mean?
Definitions for cost centres
cost cen·tres
This dictionary definitions page includes all the possible meanings, example usage and translations of the word cost centres.
Wikipedia
cost centres
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, 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.
Editors Contribution
Cost centres
Cost centres incur expenses to impact a company's profitability, unlike to a Profit Center (PC), which contributes to profitability directly through its actions.
Submitted by rinat on July 3, 2022
Numerology
Chaldean Numerology
The numerical value of cost centres in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of cost centres in Pythagorean Numerology is: 6
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"cost centres." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/cost+centres>.
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