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Support Departments
Units within an organization that provide essential services to other departments or divisions but do not directly produce revenue.
Profit Center
A decentralized unit in which the manager has the responsibility and the authority to make decisions that affect both costs and revenues (and thus profits).
Budget Performance Report
A report comparing the actual financial performance with the planned or budgeted amounts, often highlighting variances for analysis.
Cost Center
A business division that incurs costs but directly does not generate revenues, its performance being measured through cost control.
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