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    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 10: Financial Statement Analysis
  5. Question
    Index Number Trends Are Calculated Relative to a Base Year
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Index Number Trends Are Calculated Relative to a Base Year

Question 18

Question 18

True/False

Index number trends are calculated relative to a base year at 100, and all other numbers are set according to that index.

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