cost centre

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cost centre

n
(Accounting & Book-keeping) a unit, such as a department of a company, to which costs may be allocated for cost accounting purposes
Translations
Kostenstelle

cost centre

n (also costing centre) → centro di costo
References in periodicals archive ?
Contract award notice: cost centers supply of office and computer supplies.
Assuming that your Total worksheet has a column that shows CC 1020 in column A, you need to concatenate two literal values with the cost center in between.
The primary cost center play a crucial role not only by measuring the performance, but firstly by determining the costs of the product or service, and evaluating in what manner these can be minimized, in order to gain the market segment with the lowest product or service possible (Garrison, 2008).
This section is followed by a section that describes differences between cost center practices common in Germany and cost center practices common in the United States.
Culture may be associated with the specific practices implemented as part of a profit center or cost center.
The result of the calculations would be considered a "unit price" for each cost center for past work performed.
That document automatically posts to the general ledger and updates cost center accounting information, so individuals can produce cost center reports at any time.
In the example above, the costs of evaluating factorize y are attributed to the (arbitrarily named) cost center "test".
The conventional control procedures used to identify errors or irregularities include quality assurance programs, sampling and reperforming the work of subordinates, review of unusual transactions on edit and cost center reports and detail review and approval of reconciliations.
Competition Budgeting replaces profit centers with cost centers, while maintaining a specific revenue source for each cost center.