Test of adequacy requires that the formulae for calculating an index number should give consistent results in both the directions. This test is satisfied by —
CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · December 2013
Test of adequacy requires that the formulae for calculating an index number should give consistent results in both the directions. This test is satisfied by —
Answer & Explanation:
Correct Answer: Option (A)
Correct answer: (A) Fisher Ideal Index.
Topics: Business Economics
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