Administrative Cost

Business, Legal & Accounting Glossary

Definition: Administrative Cost


Administrative Cost


Full Definition of Administrative Cost


Costs incurred by a company that are not directly due to specific activities such as sales or production. Administrative costs generally cover functions relating to the organization as a whole, rather than a particular area. Management of administrative costs can have a positive or negative effect on the overall financial health of the company.


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https://payrollheaven.com/define/administrative-cost/
Modern Language Association (MLA):
Administrative Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2021 https://payrollheaven.com/define/administrative-cost/.
Chicago Manual of Style (CMS):
Administrative Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/administrative-cost/ (accessed: November 30, 2021).
American Psychological Association (APA):
Administrative Cost. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/administrative-cost/

Definition Sources


Definitions for Administrative Cost are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.