Economy, asked by SreeDevChaitanya, 11 months ago

5. What is double counting or counting the value of the same thing a number
of times?​

Answers

Answered by sp6559568
7

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Double counting in accounting is an error whereby a transaction is counted more than once, for whatever reason. But in social accounting it also refers to a conceptual problem in social accounting practice, when the attempt is made to estimate the new value added by Gross Output, or the value of total investments.

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