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).
In the Republic of Ireland the currency used is the Euro and in Northern Ireland the currency used is the Pound Sterling. The banks in Northern Ireland all issue their own notes and with this you may come across different variations in the notes.