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cost centre |
Also found in: Wikipedia, Hutchinson | 0.03 sec. |
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cost centre n
(Economics, Accounting & Finance / Accounting & Book-keeping) a unit, such as a department of a company, to which costs may be allocated for cost accounting purposes How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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A BBC management spokesman said: "We accept the trust's conclusions that our processes and management controls were not adequate for a pan-BBC service straddling multiple cost centres. Nearly every NME group has regional or international centralised cost centres with the avid intention of taking advantage of scale, synergy, and costs, etc. This is handled by low cost centres that are dedicated towards providing websites based on your recommendations. |
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