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