Which statement is true regarding operating expenses?

The true statement regarding operating expenses is that they do not affect the revenue generation process. Operating expenses refer to the costs that a company incurs during its everyday operations, such as rent, utilities, and salaries. While these expenses are necessary for the operations of a business, they are generally incurred regardless of the level of sales or revenue generated.

This means that while operating expenses support the business's functions, they don't directly contribute to generating revenue like production costs do. Instead, they are considered part of the overall cost structure that the company must manage effectively to maintain profitability. In contrast, other statements imply inaccurate associations with production, material costs, or capitalization that do not accurately reflect the nature of operating expenses.