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A revenue center is a specific business unit or department within an organization that is primarily responsible for generating income. Unlike profit centers, which focus on both revenue and costs to assess profitability, revenue centers are evaluated solely on their ability to produce sales. Examples include sales departments or retail outlets. Their performance is typically measured by revenue generated, rather than overall profitability.
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What is mean by revenue in accounting?
revenue mean the grows of stock when you sale out the item or is the profit of income
What is difference between cost center profit center?
Cost Center: it is that department of a company whose manager is responsible for cost spending only like production department.Revenue Center: it is that department whose manager is only responsible for revenue for example sales department.Profit Center: it is that department whose manager responsible for cost as well as revenue of department that department is called profit centre like "Autonomous Business Units".
Tax treatment of deferred revenue expenditure?
What Did you mean by deferred revenue tax
What does revenue income mean?
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
What is cost center in cost accounting?
Cost centre is that department or that area due to which company has to incur and that cost is included in product cost, So production department is a cost centre because all costs are incurred due to production of volume of product while selling department is called revenue department because due to this department revenue is actually generated.
What is a example of a revenue center?
Sales department is an example of revenue centre as this department is mainly responsible for collection of revenue and sales of products.
Define the terms cost centre profit centre revenue centre and investment centre?
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What does the word core mean in math?
The centre. The centre. The centre. The centre.
Is a hospital ward a revenue center?
Yes for revenue purposes. But it is also a cost centre for other purposes. And in disciplines other than finance, it will have other appropriate descriptors.
What is mean by revenue in accounting?
revenue mean the grows of stock when you sale out the item or is the profit of income
What is difference between cost center profit center?
Cost Center: it is that department of a company whose manager is responsible for cost spending only like production department.Revenue Center: it is that department whose manager is only responsible for revenue for example sales department.Profit Center: it is that department whose manager responsible for cost as well as revenue of department that department is called profit centre like "Autonomous Business Units".
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Tax treatment of deferred revenue expenditure?
What Did you mean by deferred revenue tax
What the nexus mean?
That means the centre or core of something
What does its mean UK visa status Processed Application returned TO AC?
its mean Application centre, bute here its mean Abudhabi Application centre
What does system revenue mean?
business and finance...
What does sitlp in internal revenue mean?
What does sitlp do
