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  2. Profit center - Wikipedia

     
  3. Profit Center: Characteristics vs. a Cost Center, With Examples

  4. prof·it cen·ter
    noun
    1. a part of an organization with assignable revenues and costs and hence ascertainable profitability.
    More about profit center
  5. Profit Center: Understanding Its Role in Revenue Generation

  6. What is a Profit Center? - Definition | Meaning | Example

  7. People also ask
    What is the difference between a profit center and a revenue center?The difference between a profit center and a revenue center is that a revenue center is a business unit that is only evaluated based on the revenues it generates, whereas a profit center is responsible for both its revenues as well as the costs it incurs during business operations, and the resulting profit or loss.
    What is the difference between a profit center and a cost center?A profit center directly affects the company's bottom line by generating profits. On the other hand, a cost center doesn't directly bring in profits but supports profit centers by providing necessary services or products, thereby feeding into the overall business efficiency and indirectly influencing profitability.
    Why is identifying profit centers important?Identifying profit centers within an organization enables: More granular and accurate analysis of performance and profitability for each business segment independently from the rest of the company. Comparison across different revenue-generating units within a business.
    What is the difference between investment center and profit center?The Investment Center takes care of Revenues, Cost and Assets, while a Profit Center deals with revenues and costs and Cost Centers with costs only. This is a clear sign of how the span of control and span of accountability grow from Cost Centers to Investment ones.
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