Question

PROHIBITED
cost centre consists of persons or
machines carrying out similar
operations.
DRN 1201072252 NOTE. sepEENSUOT​

Answer 1

Answer:

In this article we will discuss about the meaning and types of cost centres.

Meaning of Cost Centre:

Cost Centre:

CIMA defines Cost Centre as “a production or service, function, activity or item of equipment whose costs may be attributed to cost units. A cost centre is the smallest organizational sub-unit for which separate cost allocation is attempted.”

Explanation:

hope you understood