Business Interest Expense Is Limited for Larger Businesses

Business interest expense is limited for larger businesses. Which of the following statements is not correct with respect to this limitation?

A) Businesses will add back depreciation and amortization deductions to the taxable income in order to calculate the maximum interest deduction.
B) The interest expense deduction is limited to business interest income plus 30% of adjusted taxable income.
C) Businesses with current year gross receipts exceeding $10 million are subject to this limitation.
D) All of the above statements are accurate statements with respect to calculating the interest expense limitation.