I need a little more explanation for splicing of index numbers
A.Soumya Sreshta
CA Foundation
★ 8K+
12-Jul-20 22:26
18
Answers (1)
The process of combining two or more index numbers covering different bases into a single series is called splicing.
It means if two time periods are overlapping i.e., having different base years, then to make them same base year we use slicing.
