difference between cost centre and department

[srinum_mba]

hi
what is the difference between cost centre and department?

[faisal.iqbal.sheikh]

the formal definition of cost center and department is

<b>Cost Center</b>
A logical grouping of one or more related activities and/or organizational units into a common pool for the purpose of identifying the cost incurred for performing all of those activities.

<b>Department</b>
A department is a part of a larger organization with a specific responsibility.

main difference is cost center have location and department, and department is a sub set of cost center

[srinum_mba]

thank u iqbal.