What is the meaning of cost center?

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What is the meaning of cost center?..

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

What is the meaning of cost center?..

Answer / r sumitra

cost center means any person,company ,or unit in realation to
which costing is done

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What is the meaning of cost center?..

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

What is the meaning of cost center?..

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

What is the meaning of cost center?..

Answer / raveendra

Cost Center is the stage/place where incurs the cost towards
product and service.

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What is the meaning of cost center?..

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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