Question: Which statement is correct about the weighted average number of ordinary shares outstanding ( WASO ) ? Question content area bottom Part 1 A .

Which statement is correct about the "weighted average number of ordinary shares outstanding" (WASO)? Question content area bottom Part 1 A. It is used only in the denominator of the diluted EPS calculation. B. The weighted average accounts for changes in shares issued or cancelled during the year. C. The weighted average is the number of shares outstanding at the beginning of the year. D. It is used only in the numerator of the EPS calculation.

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