Cost centre: Difference between revisions

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imported>Doug Williamson
(Link with Profit centre page.)
imported>Doug Williamson
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A treasury which acts as a service centre which hedges operational exposures, at a cost.
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.




==See also==
==See also==
* [[Absorption costing]]
* [[Activity-based costing]]
* [[Budget]]
* [[Cost pool]]
* [[Cost saving centre]]
* [[Cost saving centre]]
* [[Hedging]]
* [[Management accounting]]
* [[Profit centre]]
* [[Profit centre]]
* [[Response to risk]]
* [[Treasury organisation]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Treasury_operations_infrastructure]]

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.


See also