base year
What base year means in Business A-Level, as defined for AQA.
Definition of base year
Check what you remember
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Reference: AQA
The period set at one hundred, with every other period expressed as its value divided by the base value, multiplied by one hundred.
Topics that use base year
- Annex: quantitative skills in business (AQA A-Level)
Related terms
- analysis
- average rate of return
- averages
- axes and scales
- benchmarking
- break-even charts
- break-even output
- case study evidence
Using base year in the exam
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