According to AASB 133 the Weighting Applied to Calculate the Weighted-Average

question 27

Multiple Choice

According to AASB 133 the weighting applied to calculate the weighted-average number of shares is:

• A) The number of days that the shares that the shares are outstanding as a proportion of the total number of days in the period.
• B) To weight the total number of shares by the market capitalisation value of each share.
• C) To weight the total number of shares on issue for the period by the proportion of the total number of shares or other equity instruments on issue during the period.
• D) To weight the number of shares calculated in accordance with AASB 133 by their issue price regardless of the period in which the shares were issued or their current market value.
• E) None of the given answers.

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Definitions:

Semantic Memory

Type of declarative memory containing general knowledge, such as knowledge of language and information learned in formal education.

Long-term Memory

Refers to the continuous storage of information over a prolonged period, beyond the scope of working memory, capable of holding a vast amount of information ranging from minutes to decades.

Working Memory

A cognitive system with a limited capacity that is responsible for temporarily holding information available for processing.

Filing Cabinet

A piece of office furniture used for storing documents, files, and other materials in an organized manner.