Principles example sentences

Providing educational and employment opportunities, following the principles of social justice — This step may help the poor to discover their own abilities and skills, thus enabling them to come up to the level of other sections of society.Taylor and Functional Management principles by Henri Fayol which you will study in the next chapter.Its principles are based on a cause and effect relationship.According to American Institute of Public Accountants, balance sheet is “a tabular statement of summary of balances (debits and credits) carried forward after an actual and constructive closing of books of accounts and kept according to principles of accounting”.Universal validity: Scientific principles have universal validity and application.The development of trade and commerce gradually led to the development of management principles and practices.Certain guiding principles of directing may help in directing process.Through a return to monarchy Napoleon had, no doubt, destroyed democracy in France, but in the administrative field he had incorporated revolutionary principles in order to make the whole system more rational and efficient.These rules are called by different names such as principles, concepts, conventions, postulates, assumptions and modifying principles.People have had to constantly work on or make efforts to translate these into principles that guide the actions of their fellow citizens or even their leaders.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'.Since the principles of mana-gement are not as exact as the principles of science, their application and use is not universal.The principles which guide effective directing may be classified as principles related to the purpose of directing and principles related to direction process.The question arises as to why the foreign exchange rate1 is at this level and what causes its movements? To understand the economic principles that lie behind exchange rate determination, we study the major exchange rate regimes2 that have characterised the international monetary system.All management practices are based on the same set of principles; what distinguishes a successful manager from a less successful one is the ability to put these principles into practice.

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