indirect cost centre


indirect cost centre

Accounting dictionary. 2014.

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  • Cost centre — Cost centres are divisions that add to the cost of the organization, but only indirectly add to the profit of the company. Typical examples include Research and Development, Marketing and Customer service.Companies may choose to classify business …   Wikipedia

  • Cost centre (business) — In business, a cost centre or cost center is a division that adds to the cost of an organization, but only indirectly adds to its profit. Typical examples include research and development, marketing and customer service.[1] There are some… …   Wikipedia

  • service cost centre — indirect cost centre; = service department; = support cost centre A cost centre to which costs are allocated or apportioned in absorption costing; though the service cost centre is necessary to carry out the production process, it is incidental… …   Accounting dictionary

  • service cost centre — indirect cost centre; service department; support cost centre A cost centre to which costs are allocated or apportioned in absorption costing; though the service cost centre is necessary to carry out the production process, it is incidental to it …   Big dictionary of business and management

  • indirect costs — indirect expenses Expenses that cannot be traced directly to a product or cost unit and are therefore overheads (compare direct costs). As some indirect product costs may, however, be regarded as cost centre direct costs, the indirect cost centre …   Accounting dictionary

  • indirect costs — indirect expenses Expenses that cannot be traced directly to a product or cost unit and are therefore overheads (compare direct costs). Some indirect product costs may, however, be regarded as cost centre direct costs; the indirect cost centre… …   Big dictionary of business and management

  • indirect labour costs — /ˌɪndaɪrekt leɪbə kɒsts/ plural noun the cost of paying employees not directly involved in making a product such as cleaners or canteen staff. Such costs cannot be allocated to a cost centre …   Marketing dictionary in english

  • indirect labour costs — /ˌɪndaɪrekt leɪbə kɒsts/ plural noun the cost of paying employees not directly involved in making a product such as cleaners or canteen staff. Such costs cannot be allocated to a cost centre …   Dictionary of banking and finance

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