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What is a Secondary Cost Element?

COST element Secondary
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What is a Secondary Cost Element?

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A Secondary Cost Element (SCE) is the code to record revenues and cost allocations across the Johns Hopkins Enterprise. A Secondary Cost Element serves the same purpose as a general ledger account in that it classifies the nature of the expense. Secondary Cost Elements do not have unique one-to-one counterparts in the general ledger Chart of Accounts. SCE are in the 9xxxxx series.

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