Definition: A cost center is a business unit that is only responsible for the costs that it incurs. The manager of a cost center is not responsible for revenue generation or asset usage. The performance of a cost center is usually evaluated through the comparison of budgeted to actual costs.
Hey All, I know that Belfast is in Northern Ireland where the official currency is the pound. However, we will be spending our entire stay in Ireland except for one day in Belfast and do not want to convert currency. Do most places in Belfast take the Euro or is it strictly the pound. (Specifically food and souvenir places).
Currency. The Euro is the official currency of Ireland, and of most European Union member states, excluding the UK and the Czech Republic, among others. The Euro, symbolized by a â¬, has been in public circulation since January, 2002. The Irish pound, the former official currency of Ireland, is no longer accepted, however, you may see that some price tags in Ireland give the price both in Euro and in Irish pounds, to help those who still think in terms of pounds.