Cost, Profit, and Investment Centers

Analyze how cost center accounting practices in German companies differ from the practices in your current or previous organization or one with which you are familiar.

Explain which countrys accounting practices you would prefer to use for your organization and why. Be sure to provide your rationale by using specific examples.

Provide an example of a profit center taken from your professional experience, the resources, or research. Explain why this is a profit center, including the methods of performance evaluation, and explain how it contributes to the success of the organization.

Provide an example of an investment center taken from your professional experience, the resources, or research. Explain why this is an investment center, including the