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A profit center is treated as a separate business, with revenues accounted for on a stand alone basis. The opposite of a profit center is a cost center ... Real World Examples of Profit Centers ...
Cost Centers are utilized when these resources support multiple concurrent projects and expenses cannot be directly allocated to a specific project. Examples of Cost Centers ... considered prior to ...
A cost center is a unit within a larger system that is responsible for a particular set of activities that benefit the organization. Keeping close track of the expenses of operating such a cost ...
with financial responsibility has an area of responsibility in ETHIS. Each area of responsibility contains a cost center a reserve (academic units only) SAP projects with WBS elements, if applicable ...