What is the meaning of cost centre
This query is : Resolved
naresh kumar
(Querist)
17 August 2011
dear Sir,
Can you make me clear the meaning of cost center according to cost accounting
thanking you
Can you make me clear the meaning of cost center according to cost accounting
thanking you
CA Ashwani Agarwal
(Expert)
17 August 2011
Cost center is that part of the entity where costs are incurred.
For example if you have a factory at one place and you sell goods from some other place then the factory is your cost center and the selling zone is your revenue center.
For example if you have a factory at one place and you sell goods from some other place then the factory is your cost center and the selling zone is your revenue center.
RAMESH KUMAR VERMA
(Expert)
17 August 2011
agreed with experts.
for explaining purpose link is:-
https://www.globalsoftwares.net/CostCenter.pdf
for explaining purpose link is:-
https://www.globalsoftwares.net/CostCenter.pdf
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