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Profit and Loss Statements
A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time, typically a fiscal quarter or year.
Business Units
Separate operational entities within a corporation, each having distinct tasks and objectives, contributing to the overall strategy of the company.
Shared Service Units
Divisions within a company that provide services to multiple departments, improving efficiency and reducing costs.
Cost Centre
A segment of an organization where costs can be accumulated, but which does not directly generate revenue.
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