Abstract :
The author presents the initial steps in the application of the principles of activity-based costing, a tool in the discipline of management accounting which is beginning to be used in industry, particularly in the USA, to steer the application of resources and the identification of effective courses of action for management. To the extent that the technique bears on management tactics and the setting of objectives, the principles can also be applied outside manufacturing industry, with valuable gains in targetting the application of resources
