The accounting department for a convenience store chain is likely to be considered a cost center.

Question

Quizplus · Accepted Answer

A cost center is a department or unit within an organization that does not generate direct income, but incurs costs in supporting other departments or functions of the organization. The accounting department of a convenience store chain supports the overall financial management of the organization and its various locations, but does not directly generate income. Therefore, it is likely to be considered a cost center.

The Accounting Department for a Convenience Store Chain Is Likely