Revenue Center
Barron's Accounting Dictionary:
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Revenue Center
Unit within an organization that is responsible for generating revenues. A revenue center is a profit center since for all practical purposes there is no revenue center that does not incur some costs during the course of generating revenues. A favorable variance occurs when actual revenue exceeds expected revenue.
| Revenue Bonds, Revenue Anticipation Note, Revenue | |
| Revenue Expenditure, Revenue Recognition, Revenue Ruling |
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Barron's Accounting Dictionary
Dictionary of Accounting Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
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