I need a little more explanation for splicing of index numbers
Soumya A
CA Inter
★ 20K+
12-Jul-20 22:26
392
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.