Cost Center/Profit Center

HI

I have only done FI part. wnt to learn smething abt Co

Can you tell me wht do u mean by -

1 Cost element

2 Cost Center

3 Cost Center Accounting

4 Profit Center

5 Profit Center Accounting.

6 wht is the difference between Cost center & Profit Center?

Is there any concept of FI-CO integration? If yes how is it done?

Thanks