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Cost centre

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(Querist)
05 March 2015 what does cost centre exactly mean? (unit costing)
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Arpit Shah

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Arpit Shah (Expert)
25 March 2015 'Cost Center' A department within an organization that does not directly add to profit, but which still costs an organization money to operate. Cost centers only contribute to a company's profitability indirectly, unlike a profit center which contributes to profitability directly through its actions.
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