When revenues and costs are dealt with on a departmental basis, each department is known as a:

Name: When revenues and costs are dealt with on a departmental basis, each department is known as a:
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When revenues and costs are dealt with on a departmental basis, each department is known as a cost centre. This means that the department is responsible for controlling and managing its own costs in order to achieve a specific level of performance or goal.

When Revenues and Costs Are Dealt with on a Departmental