Describe the concept of a profit center and, using a specific organization, give an example of how
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Describe the concept of a profit center and, using a specific organization, give an example of how this might be used to achieve the strategic goals of the organization.
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In accounting and management a profit center is a specific division department or business unit within an organization that is responsible for generating revenues and incurring costs Unlike cost cente...View the full answer
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Related Book For 
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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