English - Turkish
Definition of cost centre in English Turkish dictionary
- cost center
- (Ticaret) maliyet merkezi
Related Terms
English - English
Definition of cost centre in English English dictionary
- : A division or project of an organisation to which costs can be specifically allocated
- An element in the financial accounting code representing an organizational unit (usually specific to a department) used to isolate costs associated with permanent or ongoing identifiable operations
- The area of responsibility in which the manager has control of all costs
- The collection point (e g a school) where items of income and cost (expenditure) are charged for either managerial or control purposes
- An accounting term that refers to a department or function in the organization that does not generate profit See Profit Centre
- A responsibility centre in which a manager is accountable for costs only
- Payroll transactions may be charged against cost centres to provide various costing reports to help you manage and analyse payroll costs (See How to Set Up Costing)
- cost center
- A grouping of operating costs having some common characteristics for measuring performance and assigning responsibility
- cost center
- AUDIT: As defined by the airline, based on internal accounting regions
- cost center
- is an organizational subunit whose manager is responsible for the cost of an activity for which a well-defined relationship exists between inputs and outputs
- cost center
- A departmental account for which accounting data is collected Identifies the smallest unit of activities or area of responsibility for which accounts are accumulated A cost center can be a program cost center, a project, or an organizational unit such as a college, department, office, shop, etc
- cost center
- Lowest level in the Standard Hierarchy used to capture information by Performing Organization, or carrier account/cost pool Cost Center is a required data element of the Charge Code for all types of funds
- cost center
- The smallest organizational entity where budget and actual cost activities take place, and which has both characteristics pertinent in cost generation and the ability to track and control those costs
- cost center
- An accounting term that refers to a department or function in the organization that does not generate profit See Profit Center
- cost center
- An accounting device whereby all related costs attributable to some "financial center" within an institution, such as a department or program are segregated for accounting or reimbursement purposes
- cost center
- A cost center is a part of ITA that is responsible for managing costs and/or collections See the list of cost center codes in the Reference section for more information
- cost center
- A sub-division of an account that is used for allocating and tracking funds and expenditures within the account Cost centers must be uniquely named within an administrative area
- cost center
- a subdivision of an organization for which costs are accumulated
- cost center
- unit of a business which generates costs
- cost center
- (See Cost Objective )
- cost center
- a department or unit that incurs costs alone, such as the accounting or legal department (p 954)
- cost center
- Any department or other unit of the organization or any portion of such a unit for which management chooses to accumulate cost information Cost centers usually parallel an organization's structure
Related Terms
cost centre
Hyphenation
cost cen·treTurkish pronunciation
kôst sentırPronunciation
/ˈkôst ˈsentər/ /ˈkɔːst ˈsɛntɜr/
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