Quick Answer: What Is The Iron Rule?

What is the basic rules of accounting?

The following are the rules of debit and credit which guide the system of accounts, they are known as the Golden Rules of accountancy: First: Debit what comes in, Credit what goes out.

Second: Debit all expenses and losses, Credit all incomes and gains.

Third: Debit the receiver, Credit the giver..

Where did rule with an iron fist come from?

Iron Fist is a Marvel Comics superhero who practices martial arts. His name, in part, alludes to the expression iron fist, a metaphor for ruthless authority.

What is the Silver Rule?

Noun. silver rule (plural silver rules) (ethics) The principle that one should not treat other people in the manner in which one would not want to be treated by them.

What is the diamond rule?

In the “diamond rule”, you treat others as they wish YOU to treat them. The “you” in this case is the individual “you”. Who you are and what you bring to the conversation. In contrast, the platinum rule would have us all treat the person we’re interacting with the same way that everyone else does.

What is platinum rule?

“More useful is the Platinum Rule: “Treat others the way they would like to be treated.” If people don’t want to be asked “Where are you from?”, then don’t ask them. Even if you don’t mind being asked yourself”.

What is the golden rule of love?

Always Forgive Others. The first rule, the golden rule, and this rule go hand in hand because a person wants to be forgiven as much as the person who does the forgiving. This rule is showing love, and respect, for the other person and their feelings aside from the fact that they did something wrong and or hurtful.

What is the difference between the Golden Rule and the Platinum Rule?

According to the golden rule (GR) you ought to treat others as you want to be treated by them; and according to the platinum rule (PR), you ought to treat others as they want to be treated by you.

What does iron fist in a velvet glove mean?

Made with throwaway good humourFirmness or ruthlessness cloaked in outward gentleness. ‘The fact is that India has realised that the only way to tackle China is with an iron hand in a velvet glove. ‘ … ‘Made with throwaway good humour, here was an iron fist in a velvet glove.

What does iron rule mean?

: a law or controlling principle that is incontrovertible and inexorable iron laws of historical necessity.

What is the bronze rule?

A companion to the Golden Rule (“Do unto others as you would have them do unto you.”), Sisney’s Bronze Rule states: “If they are not bothering you, don’t bother them. … The Bronze Rule is a humorous book with serious messages.

Who ruled with an iron fist?

Saddam HusseinSaddam Hussein – Learn how Saddam Hussein ruled Iraq with an iron fist for almost 30 years. To maintain power, he used fear, intimidation and violence like few other dictators in history, but he made the fatal mistake of believing his regime could take on the world.

What is the double platinum rule?

So the Double Platinum rule is (you guessed it), “treat others the way they don’t even know they want to be treated”. To boil it down… anticipate, anticipate, anticipate. Don’t just meet your customer’s expectations, EXCEED them.

What is a diamond problem in math?

In mathematics, diamond problems are practice problems that aid in skill development. … While some students may feel that this is little more than busywork, being able to create products and sums from the same set of numbers is an essential skill that’s used heavily in Algebra and Calculus.

What is the negative Golden Rule?

The negative formulation of the golden rule states that you should not treat others in ways you would not want to be treated yourself. This suggests, for example, that if you don’t want people to say mean things to you, then you shouldn’t say mean things to them. Empathic/responsive form.

What is the silver rule of Confucianism?

The silver rule is a variation and somewhat an inversion of the golden rule. The silver rule states “Do not do unto others as you would not have them do unto you.” The silver rule has its own deficiencies, as it only requires an individual not harm others, and does not ask that person to engage in positive behavior.

Who first said the Golden Rule?

The “Golden Rule” of Leviticus 19:18 was quoted by Jesus of Nazareth (Matthew 7:12; see also Luke 6:31) and described by him as the second great commandment. The common English phrasing is “Do unto others as you would have them do unto you”.

What is modern rule of accounting?

Under the Modern Approach, the accounts are not debited and credited. Hence, the Accounting Equation is used to debit or credit an account. … Also, a transaction may affect two accounts on the debit side or two accounts on the credit side. Also, the profits will increase the Capital and losses will decrease it.

What does it mean to have an iron fist?

Definition of rule with an iron fist/hand : to rule a country, area, group, etc., in a very strict and often cruel way The dictator ruled (the country) with an iron fist.