Question

What is use of cost centres? company-wise allocation ledger-wise allocation department-wise allocation none

Answer 1

Data and knowledge, as data is meaningful information and represents the values attributed to parameters, and knowledge signifies understanding of an abstract or concrete concept. The existence of information is uncoupled with an observer, which refers to that which accesses information to discern that which it specifies; information exists beyond an event horizon for example, and in the case of knowledge, the information itself requires a cognitive observer to be accessed.