Examlex
Dementia as defined as a serious impairment of
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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