Principle example sentences

It is necessary to take into account such an expected loss while calculating true and fair profit/loss according to the principle of Prudence or Conservatism.Horney was another disciple of Freud who developed a theory that deviated from basic Freudian principles.In our social and economic life, we shall, by reason of our social and economic structure, continue to deny the principle of one man one value.It is a charge against the revenue of the corresponding period and must be deducted before arriving at net profit according to 'Generally Accepted Accounting Principles'.From June 1997, in a renewed attempt, Targeted Public Distribution System (TPDS) was introducted to adpot the principle of targeting the poor in all areas .An error of principle may occur due to incorrect classification of expenditure or receipt between capital and revenue.In 1970, the Accounting Principles Board of AICPA also emphasised that the function of accounting is to provide quantitative information, primarily financial in nature, about economic entities, that is intended to be useful in making economic decisions.Ensuring greater power to local governments, extension of federal principle to all the units of the federation, inclusion of women and minority groups, etc.Since art is concerned with personal application of knowledge some kind of ingenuity and creativity is required to practice the basic principles learnt.Improper handling of this column may cause the Errors of Principle in accounting.The Rio Convention endorsed the global Forest Principles and adopted Agenda 21 for achieving Sustainable Development in the 21st century.But once the principle is recognised, it becomes easier for women to wage a struggle against what is now unacceptable legally and morally.Dual aspect is the foundation or basic principle of accounting.The term 'principle' has been defined by AICPA as 'A general law or rule adopted or professed as a guide to action, a settled ground or basis of conduct or practice'.Rogers' basic principle is that people have a tendency to maximise self-concept through self-actualisation.