A responsibility centre is an autonomies business unit for which
a manager is responsible for Cost, Revenue and Aquisation and
disposals of an assets. E.g. Cost Centre, Revenue Centre, Profit
Centre and Investment Centre.
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No. Variable cost is the same as direct cost because it can be
varied directly to the cost centre or cost unit,while indirect cost
can't be varied directly to it cost centre or cost unit.
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Cost centre is created after cost categories had been created.
the cost center is used to hold and allocated income and expenses
to