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Cost Center: it is that department of a company whose manager is responsible for cost spending only like production department.
Revenue Center: it is that department whose manager is only responsible for revenue for example sales department.
Profit Center: it is that department whose manager responsible for cost as well as revenue of department that department is called profit centre like "Autonomous Business Units".
Wiki User
∙ 6y ago
Wiki User
∙ 16y agoCost Centre: it is that department of a company whose manager is responsible for cost spendings only like production department.
Revenue Centre: it is that department whose manager is only responsible for revenue for example sales department.
Profit Centre: it is that department whose manager responsible for cost as well as revenue of department that department is called profit centre like "Autonomous Business Units".
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What is the difference between a cost center and profit center?
cost centre = the department which activities cash disbursement profit centre = the department which activities making cash
What is the difference between a cost center a profit center and an investment center?
Cost centers - http://en.wikipedia.org/wiki/Cost_center Profit center - http://en.wikipedia.org/wiki/Profit_center Investment center - http://en.wikipedia.org/wiki/Investment_center
What is difference between cost center and profit center?
Cost Centre: It is that department in factory where all costs are pooled or costs are allocated. Profit Centre: Is is that department where only profit is pooled like sales department.
What are the differences between cost volume profit analysis and break even profit analysis?
there no difference between break even profit analysis and cost volume profit analysis
The difference between revenue from sales and cost of goods sold?
Difference between revenue from sales and cost of goods sold is called "Gross profit".
What is the difference between a cost center and profit center?
cost centre = the department which activities cash disbursement profit centre = the department which activities making cash
What is the difference between a cost center a profit center and an investment center?
Cost centers - http://en.wikipedia.org/wiki/Cost_center Profit center - http://en.wikipedia.org/wiki/Profit_center Investment center - http://en.wikipedia.org/wiki/Investment_center
What is difference between cost center and profit center?
Cost Centre: It is that department in factory where all costs are pooled or costs are allocated. Profit Centre: Is is that department where only profit is pooled like sales department.
What is the difference between income and profit?
cost
The difference between total revenue and total cost?
profit or loss
What are the differences between cost volume profit analysis and break even profit analysis?
there no difference between break even profit analysis and cost volume profit analysis
The difference between revenue from sales and cost of goods sold?
Difference between revenue from sales and cost of goods sold is called "Gross profit".
What is difference between sales and prime cost?
gross profit
What is the difference between budget center and cost center?
Japtj
What is the Difference between gross profit and fluctuating profit?
The difference is, that gross profit includes deduction from manufacturing cost. Sales value - Rawmaterial - Freight = Fluctuating Profit - Manufacturing Cost - Procurement = Gross Profit - Operating Expenses = Operating Profit
What is the Difference between Gross profit Net profit?
Gross Profit = Sales - Cost of Sales and Direct cost Net Profit = G.P - Indirect Expenses By Cyril Joseph
What is the difference between returns and profit?
return is calculate against investment. profit is calculte against cost.
