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Cost Center
A department or function within an organization to which costs can be allocated, but which does not directly generate revenue.
Departmental Operating Margin
A measure of the profitability of individual departments within a business, calculated as the difference between departmental revenue and expenses.
Operating Expenses
Costs incurred in the normal operation of a business, excluding the cost of goods sold.
Direct Expenses
Expenses that can be traced directly to a specific department.
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