Use the Following Information to Calculate the "Weighted Average Number

question 15

Multiple Choice

Use the following information to calculate the "weighted average number of ordinary shares outstanding" (WASO) ?

• A)112,500
• B)152,500
• C)157,500
• D)170,000

---

Definitions:

Evaluating Performance

The process of assessing the effectiveness and efficiency of actions or outcomes against set goals or standards.

Master Budget

A comprehensive financial plan for an organization, encompassing all of its budgets for sales, production, overhead, etc., for a specific period.

Long-Range Budget

A financial plan that extends beyond the typical fiscal year, often spanning three to five years, to support strategic planning.

Participative Budgeting

A budgeting process where both management and employees participate in setting budgets, improving accuracy and commitment.