Nickles Consulting Services is a nonprofit organization that provides free legal assistance to clients who meet certain

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Nickles Consulting Services is a nonprofit organization that provides free legal assistance to clients who meet certain income criteria. The company's funding is obtained by means of fund-raising activities conducted by the board of directors. The directors are not compensated for their time, but Nickles does reimburse them for any out-of-pocket expenses that they incur in conducting company activities. Would the board of directors be classified as a cost cen ter? Why or why not?

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Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

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