Business Terms and Jargon Explained

What is Profit and Loss Responsibility

P & L responsibility is the accountability of a department, section or company in terms of it making a profit or loss in its own right. When authority is given, then that person is responsible for its performance and how it will affect the rest of the business and is answerable for the results.

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Volens Land Registry Fee Zombies
Parental leave policy Grey market Copyright Tribunal
Intermediate Output Executive Agency Price Transparency
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Aggravating COO Gourde
Aftershocks Credit Sale Know your client
Compensation N162 Civil Court form European Patent Office
Tala SERP Affidavit
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County Court Judgement Dividend yield Conglomerate
CSS Accounting reference date Idem
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Term created / updated 2007-05-29 00:06:06

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