Kindly refer any book for the answer
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
return is calculate against investment. profit is calculte against cost.
Give me an example of a cost center, a profit center, and an investment center for FedEx?
To monitor,and make accountable, the management team for that Cost/Profit/Investment center.
cost center investment center profit center revenue center
cost centre = the department which activities cash disbursement profit centre = the department which activities making cash
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.
The rate of return is a percentage that shows how much an investment has gained or lost over a specific period, while the return on investment is a ratio that compares the profit of an investment to its cost.
No difference.
center
What is difference between trust run and for-profit hospitals
Profit refers to the financial gain made from a business transaction after all expenses have been deducted. Yield, on the other hand, typically refers to the return on an investment, usually expressed as a percentage. While profit is a measure of actual earnings, yield is a measure of the return on investment relative to the initial investment.