As per the concept of value added statement, "Gross value Added" is:

CS Executive · Corporate and Management Accounting · PYQS · December 2019
As per the concept of value added statement, "Gross value Added" is:
(A) Distributed to employees in the form of salaries and wages, to government in the form of taxes and duties, to financer in the form of interest.
(B) Distributed to government in the form of taxes and duties, to financer in the form of interest, to shareholders in the form of dividend.
(C) Distributed to employees in the form of salaries and wages, to government in the form of taxes and duties, to financer in the form of interest.
(D) Distributed to employees in the form of salaries and wages, to government in the form of taxes and duties, to financer in the form of interest, to shareholders in the form of dividend and the remaining balance in the form of retained earning.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Management Accounting

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