Responsibility Centre

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August 31, 2024 3 min read Definitions
Responsibility Centre: Organizational Accountability and Management
Management Accounting Economics Responsibility Centre Organizational Management Cost Allocation Performance Measurement Managerial Accounting
A responsibility centre is a section or area within an organization where costs or income can be assigned to the responsibility of a particular manager. These centres can vary in size and function, ranging from small departments to large divisions.
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