Examlex
Which of the following are considered a "low-fidelity" simulation?
Budgeted Sales
Predicted sales revenue for a future period, based on historical data, market analysis, and other forecasting methods.
Cash Collected
The total amount of money received by a company or individual during a specific period, typically from sales, services, or other transactions.
Selling Expense
Costs incurred to sell products, including advertising, sales commissions, and the expenses of the sales staff.
Sales Collection
The process of receiving payments from customers for goods or services sold.
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