What is the difference between faith and truth?

As nouns the difference between truth and faith is that truth is the state or quality of being true to someone or something while faith is a feeling, conviction, or belief that something is true or real, assent that is not contingent upon reason or justification.

What are values beliefs and assumptions?

Values: Values are beliefs about what a desirable is or a good (honesty) and what an undesirable is or a bad (e.g., dishonesty). Assumptions: Assumptions are beliefs that are regarded as so valuable and obviously correct that they are taken for granted and rarely examined or questioned.

Are principles and assumptions the same thing?

Principle: A fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning. Assumption: A thing that is accepted as true or as certain to happen, without proof.

What are moral assumptions?

The difference between the socialization of a child, and the personal beliefs or morals we live by, is that socialization is the practice of acquiring the general rules and roles of society. There is a careful balance to be struck in what is socially appropriate behavior, and what is personal choice.

What are personal assumptions?

Assumptions are our long-learnt, automatic responses and established opinions. We are, ourselves, almost always unaware of the nature of our own basic assumptions, but they are enacted through our behavior – what we say and do. Basic assumptions are usually rooted in our infancy, early family life and social context.

What is going concern assumption?

The going concern assumption is that a business will remain active for the foreseeable future.

What is time period assumption?

The time period principle (or time period assumption) is an accounting principle which states that a business should report their financial statements appropriate to a specific time period. These periods can be quarterly, half yearly, annually, or any other interval depending on the business’ and owners’ preference.