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cost centre = the department which activities cash disbursement profit centre = the department which activities making cash

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Q: What is the difference between a cost center and profit center?
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Related questions

What is the difference between a cost center a profit center and an investment center?

Cost centers - http://en.wikipedia.org/wiki/Cost_center Profit center - http://en.wikipedia.org/wiki/Profit_center Investment center - http://en.wikipedia.org/wiki/Investment_center


What is difference between cost center and profit center?

Cost Centre: It is that department in factory where all costs are pooled or costs are allocated. Profit Centre: Is is that department where only profit is pooled like sales department.


What is the difference between income and profit?

cost


The difference between total revenue and total cost?

profit or loss


What are the differences between cost volume profit analysis and break even profit analysis?

there no difference between break even profit analysis and cost volume profit analysis


The difference between revenue from sales and cost of goods sold?

Difference between revenue from sales and cost of goods sold is called "Gross profit".


What is difference between sales and prime cost?

gross profit


What is the difference between budget center and cost center?

Japtj


What is the Difference between gross profit and fluctuating profit?

The difference is, that gross profit includes deduction from manufacturing cost. Sales value - Rawmaterial - Freight = Fluctuating Profit - Manufacturing Cost - Procurement = Gross Profit - Operating Expenses = Operating Profit


What is the Difference between Gross profit Net profit?

Gross Profit = Sales - Cost of Sales and Direct cost Net Profit = G.P - Indirect Expenses By Cyril Joseph


What is the difference between returns and profit?

return is calculate against investment. profit is calculte against cost.


What is profit motive?

Profit is the difference between cost and proceeds. If the proceeds are more than the cost then one is said to be in profit. Having motivation to achieve proceeds more than the cost is known as profit motive.