Template:Cost centre capsule

Revision as of 10:25, 25 October 2021 by Amwelladmin (talk | contribs)

A “cost center” in a firm is a department that does not directly earn revenue but still costs money to operate. Cost centers therefore only contribute to profitability indirectly, by enabling profit centres to operate, helping them operate better, and preventing money made by profit centres being lost again. Cost centres may also be waste centres.