cost center

An activity, unit, or individual within an organization with which costs can be identified. In contrast to a *profit center, a cost center usually incurs costs only, and does not generate income. Cost centers are often used for cost control and decision-making purposes. They are also used to allocate Overhead costs to manufactured products in *absorption costing methodologies.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • Cost Center — ist eine aus dem Englischen übernommene Bezeichnung für eine eigenständige Unternehmenseinheit (Business Unit), die normalerweise ein Budget zur Verfügung hat, um dessen Ziele zu erreichen. In dieser Bedeutung kann ein Cost Center eine oder… …   Deutsch Wikipedia

  • Cost center — This article is about the term cost center . For the indoor athletic facility often referred to by the same name, see Cost Sports Center. Cost center may also refer to: Cost Sports Center, the indoor athletic facility often referred to by the… …   Wikipedia

  • Cost Center — A department within an organization that does not directly add to profit, but which still costs an organization money to operate. Cost centers only contribute to a company s profitability indirectly, unlike a profit center which contributes to… …   Investment dictionary

  • cost center — Gen Mgt a department, function, section, or individual whose cost, overall or in part, is an accepted overhead of a business in return for services provided to other parts of the organization. A cost center is usually an indirect cost of an… …   The ultimate business dictionary

  • cost center — noun : the most appropriate production unit (as a single machine, a group of machines or workers, or a department) into which manufacturing operations may be divided to facilitate the allocation and application of cost factors …   Useful english dictionary

  • cost center — any unit of activity, group of employees or machines, line of products, etc., isolated or arranged in order to allocate and assign costs more easily. * * * …   Universalium

  • cost center — unit of a business which generates costs …   English contemporary dictionary

  • service cost center — Fin a cost center providing services to other cost centers. When the output of an organization is a service, rather than goods, an alternative name is normally used, for example, support cost center or utility cost center …   The ultimate business dictionary

  • Обслуживающий центр затрат (SERVICE COST CENTER)  — Центр затрат, оказывающий услуги другим подразделениям предприятия. Обслуживающий центр обычно начисляет затраты, связанные с такими услугами, своим заказчикам …   Словарь терминов по управленческому учету

  • Центр затрат, Центр стоимости (COST CENTER)  — Центр затрат это объект отнесения затрат, где аккумулируются затраты, связанные с одной или несколькими взаимосвязанными функциями или видами деятельности. В системе отнесения затрат на изделие элементы затрат вначале собираются по центрам затрат …   Словарь терминов по управленческому учету

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.