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Cost Center
A division or department within a business to which costs can be allocated for accounting and budgeting purposes.
Indirect Expense
Costs not directly traceable to a specific cost object, such as overhead or administrative expenses, which support the operation of the business as a whole.
Profit Center
A branch or division of a company that is directly responsible for generating its portion of the organization's overall profit.
Generates Revenue
The process or activities that result in income being brought into a company, such as sales of goods or provision of services.
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