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cost center

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

Usually a department within a company that is responsible for its costs but not revenues or
profit.

Dictionary

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  • Debits and Credits
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

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