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).
JIMDSB, Here's what it says on the www.discovernorthernireland.com website: What currency does Northern Ireland use? Northern Ireland uses the Â£ sterling, the currency in circulation in England, Scotland and Wales. Unlike the Euro which is used in the Republic of Ireland, Â£ sterling is not linked to the Euro. Mastercard (Access) and Visa credit cards are in general use and cheques backed by a bank card are widely accepted.