A department that incurs costs (or expenses)?
A.Service nucleus.
B.Production meeting point.
C.Profit substance.
D.Costs basis.
E.Subsidiary nucleus.
Answers:
D. Cost center
An accounting residence used to refer to a department surrounded by a business that incurs expenses but does not generate revenue directly.
A Service Center otherwise is an commotion that perform specific controlled or administrative services primarily for the internal operation of the organisation and charges users for its services and hence does generate revenue.
A. That is why the IT department is first to jump contained by a cutback by companies. It is a levy write past its sell-by date expense to outsource where on earth an member of staff is a liability.
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Can you solve this accounting equation?
B.Production meeting point.
C.Profit substance.
D.Costs basis.
E.Subsidiary nucleus.
Answers:
D. Cost center
An accounting residence used to refer to a department surrounded by a business that incurs expenses but does not generate revenue directly.
A Service Center otherwise is an commotion that perform specific controlled or administrative services primarily for the internal operation of the organisation and charges users for its services and hence does generate revenue.
A. That is why the IT department is first to jump contained by a cutback by companies. It is a levy write past its sell-by date expense to outsource where on earth an member of staff is a liability.