the DSM System Is Based on the Behavioral Approach

question 91

True/False

. The DSM system is based on the behavioral approach to classification.

---

Definitions:

Supplies Expense

The cost associated with materials or goods required to operate a business but not directly tied to the products sold.

Rent Expense

This outlines the cost incurred by a business to use property or equipment as part of its operational activities for a certain period.

Wages Expense

The total cost incurred by a company to compensate its employees, including salaries, wages, and other forms of employee benefits.

Operating Revenues

The income earned by a company from its normal business activities, typically from the sale of goods and services to customers.