Glossary entry (derived from question below)
English term or phrase:
management costs
English answer:
All indirect costs incurred to carry out the business
Added to glossary by
Craft.Content
May 4, 2004 15:32
20 yrs ago
7 viewers *
English term
emily
management costs
English
Other
Accounting
accounting
what are they?..and its examples.
Responses
| 5 +2 | see comment. |
Craft.Content
|
| 5 | Gastos administrativos |
Monica Colangelo
|
| 3 +1 | see note |
WebTC
|
| 4 | Controlling costs |
Ramesh Madhavan
|
Responses
+2
9 hrs
Craft.Content
Specializes in field
Word Builders In Hindi-Marathi-Sanskrit
Native in: Hindi 
Works in: English to Hindi, English, English to Gujarati, and 2 more.
Related KudoZ points
:
8
Selected
see comment.
The term 'management costs' is used to differentiate between production-related/actual-factory-related costs and other costs. Raw-material, electricity, wages, processing - all these are production costs. To discrimate from these costs, all other indirect costs incurred in carrying out a business would ideally be termed 'management costs' - such as fees paid to consultants, administrative expenses, etc.
Hth.
Hth.
4 KudoZ points awarded for this answer.
Comment: "Graded automatically based on peer agreement."
4 mins
Monica Colangelo
Argentina
Argentina
Argentina
45 yrs' experience in most every field
Native in: Spanish (Variants: Standard-Spain, Uruguayan, Bolivian, Argentine, US, Rioplatense, Latin American, Puerto Rican, Dominican) 
Works in: English to Spanish, Spanish to English, Spanish, and 1 more.
Gastos administrativos
HTH
+1
7 mins
see note
fees resulting from files treatment, customers relationships, ... It covers a large field of activities within a company
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Note added at 7 mins (2004-05-04 15:40:07 GMT)
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in French: Coûts de gestion
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Note added at 7 mins (2004-05-04 15:40:07 GMT)
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in French: Coûts de gestion
1 hr
Ramesh Madhavan
Native in English
&
English
Like Helping
Native in: English , Tamil
Works in: English, Tamil to English, Hindi to English, and 4 more.
Controlling costs
Management costs are indirect costs which are FIXED and do not vary with volumes. It is the cost of all the surrounding people who indirectly help in converting the input to output, by managing their needs. Example: Personnel & Office Administration / Security / Legal / Maintainance etc..etc..
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