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cost center

cost center logo #21199any unit of activity, group of employees or machines, line of products, etc., isolated or arranged in order to allocate and assign costs more easily.
Found on https://www.infoplease.com/dictionary/cost-center

Cost Center

Cost Center logo #23570A cost center is a department that generates costs but doesn?t produce any revenues. You can think of this as a necessary department that consumes resources but doesn?t contribute to the production, sales, or profitability of the?business.
Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
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