Examlex
When an immigrant sends a remittance from his host country to his family in his home country, the benefits of immigration to the
Departmental Accounting System
This system allows for accounting and financial reporting to be done separately by departments within an organization, facilitating more specific financial oversight.
Cost Center
A department or function within an organization where its costs are accumulated, but it does not directly generate revenue.
Profit Center
A business unit or department within an organization that is treated as a separate entity for the purpose of calculating its profitability.
Transfer Prices
Prices charged for the sale of goods or services between divisions or subsidiaries within the same company.
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