Give Two Reasons Why We Document Sources in Writing Reports

question 30

Essay

Give two reasons why we document sources in writing reports.

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Definitions:

Cost Centers

Departments or segments within an organization that do not directly generate revenue but incur costs, essential for budgeting and financial analysis.

Budget

An accounting device used to plan and control resources of operational departments and divisions.

Budget Performance Report

A report comparing actual results with budget figures.

Cost Center

A division or department within a business that does not directly contribute to profit but incurs costs, used for budgeting and controlling expenses.