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Topical Terminology > Cost Center



5 Definitions

Cost center

For Cost center we have terms and definitions in 5 topics. The topics are Accounting, Business Process, Fundraising, Non-Profit Marketing and Supply Chain.



Cost Center (Accounting)

is a non-revenue-producing element of an organizationwhere costs are separately figured and allocatedand for which someone has formal organizational responsibility.


Cost Center (Business Process)

A function in a business where the cost of producing a product or service is tracked and personnel are held accountable for performance.


Cost Center (Fundraising)

The area of responsibility, function, or unit of activity for which costs are allocated.


Cost Center (Non-Profit Marketing)

The area of responsibility, function, or unit of activity for which costs are allocated.


Cost Center (Supply Chain)

In accounting, a sub-unit in an organization that is responsible for costs.




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