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).
The Euro (?) is the currency of 17 of the 28 EU countries including Ireland. Notes and coins came into circulation on 1 January 2002. Northern Ireland uses the Pound Sterling (Â£) but many places will accept the Euro. The Euro is issued in denominations of: Coins: 1Â¢, 2Â¢, 5Â¢, 10Â¢, 20Â¢, 50Â¢, ?1, ?2.