Show more usage examples... You need to know what the wholesale price of any materials are so that you can figure out how much to charge for your product.
Fundamental norms, rules, or values that represent what is desirable and positive for a person, group, organization, or community, and help it in determining the rightfulness or wrongfulness of its actions. Principles are more basic than policy and objectives, and are meant to govern both. See also principle.
What is the principles and techniques of auditing. Fundamental principles are those according to which the books of business accounts are audited. These principles can be changed according the desire of the auditor. It is the basic principle of auditing.