What is the meaning of cost center?
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Answer / kamal rangra
A cost center is part of an organization that does not
produce direct profit and adds to the cost of running a
company. Examples of cost centers include research and
development departments, marketing departments, help desks
and customer service
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / vinay srivastava
cost centre is the place where incomes and expenses are
enterd under a particular head.
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / runkana
coster meaning:- cost center is longterm capiture to
oraganisation. normally , any expenditure incurred in
organisation whic is tread as a costcenter whic is useful
for internal reporting purpose.
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / raveendra
Cost Center is the stage/place where incurs the cost towards
product and service.
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / sridhar
Cost center is the general ledgeer account account which
Accounts of indirected Expenses and Incomes need to be
boocked,for Example Customer is makeing a payment of
1000,whic consist of 10 interest due to credit period
exceeding,
| Is This Answer Correct ? | 2 Yes | 6 No |
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