What does the term 'WTE' stand for in the context of Cost Centre? A) Pherase B) WTE C) Entannian D) Whole Time Equivalent Explanation: In the context of Cost Centre, 'WTE' stands for Whole Time Equivalent, which is equivalent to 37.5 hours of work per week. For example, a Finance Placement Student works from 0800-1600 (with a 30-minute lunch break) from Monday to Friday, which is equal to 1 WTE.