11 Steps for Changing a Cost Center Hierarchy

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11 Steps for Changing a Cost Center Hierarchy

Reading time: 8 mins

A strong cost center hierarchy is necessary for analyzing your company’s performance. If your structure is not meeting your needs, try this 11-step process to develop a new, more effective cost center hierarchy. This process is best suited for small- to medium-sized companies. Key Concept A company must have a logical grouping of costs to...

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