The difference between cost & profit centres
The difference between cost and profit centres (AO2) (HL only) "A budget doesn’t limit your freedom; it gives you freedom.”- Rachel Cruze (b. 1988), co-author of Smart Money Smart Kids To be able to account for the different revenue streams generated by a business and the various costs incurred by different sections of the organization, businesses often establish cost centres or profit centres. Click on the tabs...