Cost centre: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand heading.) |
imported>Doug Williamson (Add link.) |
||
| Line 14: | Line 14: | ||
* [[Absorption costing]] | * [[Absorption costing]] | ||
* [[Activity-based costing]] | * [[Activity-based costing]] | ||
* [[Budget]] | |||
* [[Cost pool]] | * [[Cost pool]] | ||
* [[Cost saving centre]] | * [[Cost saving centre]] | ||
Latest revision as of 23:28, 19 January 2022
1. Corporate treasury organisation.
A cost centre treasury which acts as a service centre which hedges operational exposures, at a cost.
This is the lowest-risk organisational response to treasury risk, compared with treasuries organised as cost saving centres or profit centres.
2. Management accounting.
More generally, a cost centre is any part of an organisation to which costs may be charged for accounting purposes.
