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Which statement is not true about pretests?
Raw Materials
Basic materials and substances used in the initial stages of production.
Budgeted Sales
Budgeted Sales are the projected amounts of sales revenue that a company expects to achieve during a specific period based on marketing and sales plans.
Selling Price
The amount of money charged for a product or service, or the sum the consumer must pay.
Credit Sales
Sales made on credit, where the payment is received after the service or good is delivered.
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