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profit center

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

A division or department of a business whose managers are responsible for both revenues and expenses.

Dictionary

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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.

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