cost centre

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Related to cost centers: profit centers

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.
Each worksheet has a different number of records, and there are more than 100 cost centers in the workbook.
Cost-type accounting separates costs like labor, materials, and depreciation, followed by each cost account then being broken down into fixed and proportional costs along with the assignment of these cost accounts to cost centers.
Differences in cost center practices between Germany and the United States can be divided into four categories: differences in the definition of a cost center, differences in output and activity measures used in the cost centers, differences in the way in which costs are classified in cost centers, and differences in the responsibilities assigned to the heads of cost centers.
Does this indicate that dramatically increasing the number of cost centers would be a good practice?
The expenses of the second cost center would then be allocated to other functions and, perhaps, to other cost centers, and so on.
Because facilities are among the most significant assets and cost centers of virtually every organization, our customers continue to seek innovative ways to manage their facilities expenditures more effectively.
In addition, any and all assets can be related to cost centers, procurement data, human resource data and other importnat categories, so that the revenue and cost contributions--as well as the operational and strategic contributions of the software asset--can be assessed and evaluated with standardized business metrics.
The amount and quality of information needed by estimators in all phases of completed demolition projects cost should include the type of information that would provide the costs taken from past completed projects broken down by different cost centers, while at the same dine reflect the percentage, or dollar value, of each cost center as it relates to a series of common denominators used by the demolition industry.
In some cases, the vendor will take care of these cost centers and you may have little, if any, involvement in managing them.
The five major cost centers are coremaking, molding, melting, cleaning and finishing.