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Index numbers

I need a little more explanation for splicing of index numbers


A.Soumya Sreshta

A.Soumya Sreshta

CA Foundation

8K+

12-Jul-20 22:26

16

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.


Lavanya Chitturi

Lavanya Chitturi

Moderator

13-Jul-20 10:23