'Value Added' Can Best Be Defined As

Multiple Choice

'Value added' can best be defined as:

A) sales revenue less the cost of all bought-in materials and services and all wages and salaries
B) sales revenue less the cost of all bought-in materials and services
C) sales revenue less the cost of all bought-in materials and services, all wages and salaries and interest expense
D) sales revenue less the cost of all bought-in materials and services, all wages and salaries, interest expense and income tax expense