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What is the difference between a letter of credit and a banker's acceptance?
Departments
Distinct divisions within a company or organization designated to handle specific tasks or functions, such as sales, marketing, or human resources.
Catering Department
A division within a company or a facility that is responsible for providing food services for events, meetings, and functions.
Profit Center
A segment or division of a company that is directly responsible for generating its own revenue and profit.
Cost Center
A department or function within a business to which costs are charged for accounting purposes, but does not directly generate revenue.
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