Examlex
What audit approach is used to search for unknown commitments?
Profit Centers
Segments or divisions within a company that are directly responsible for generating a significant portion of the company's profits.
Division Profits
The earnings attributive to a specific division or branch of a larger company, often used to assess the performance of that segment.
Profit Centers
Profit centers are segments, branches, or divisions of a company that are treated as a separate business, responsible for generating their own revenues and profits.
Corporate Headquarters
The main office or center of operations for a business where significant managerial and administrative work is conducted.
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