Company, Cost Center, Hierarchy are part of which org type?

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Multiple Choice

Company, Cost Center, Hierarchy are part of which org type?

In Workday, Organization Types define how a unit is used in the system, and the set that includes Company, Cost Center, and Hierarchy is used for cost accounting. These units exist to track, allocate, and report costs across the business: a Company represents the legal entity, a Cost Center captures costs by function or department, and a Hierarchy groups cost centers for roll-ups and cost allocations. That’s why this trio belongs to the Costing organizational type. Other types describe broader or different aspects of the structure, but they don’t align with the cost-tracking framework these elements support.

In Workday, Organization Types define how a unit is used in the system, and the set that includes Company, Cost Center, and Hierarchy is used for cost accounting. These units exist to track, allocate, and report costs across the business: a Company represents the legal entity, a Cost Center captures costs by function or department, and a Hierarchy groups cost centers for roll-ups and cost allocations. That’s why this trio belongs to the Costing organizational type. Other types describe broader or different aspects of the structure, but they don’t align with the cost-tracking framework these elements support.

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