Examlex
How is IT different from an information system? Why is this important?
Direct Expenses
Expenses that can be traced directly to a specific department.
Specific Department
A designated segment within an organization focused on a particular area of activity or operations.
Profit Center
A business unit or department which is treated as a separate entity for the purpose of calculating its profitability.
Cost Center
A segment within an organization that is responsible for incurring costs, without directly contributing to the company’s income.
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