service cost centre

Definition:

American spelling: service cost center. A cost centre for the provision of a service or services (for example, maintenance, purchasing, accounting) to other cost centres. Also called ‘indirect cost centre’. In an organisation which provides services, rather than goods, a service cost centre may be called a ‘support cost centre’ or ‘utility cost centre’. Compare ‘production cost centre’.



Contribute:

Add to or refine this definition | Discuss on our forum

Share: