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).
Since 2002, the currency used in the Republic of Ireland is the Euro (â¬). The Euro is used in 17 countries, all of which are members of the European Union and you can use the same notes and coins if you are visiting another Euro-zone country before or after Ireland without having to exchange them.