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Define Reasoning.Discuss the Two Types of Reasoning

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Define reasoning.Discuss the two types of reasoning.


Definitions:

Sales Estimates

Projections or predictions about the amount of revenue that will be generated through sales activities within a certain period.

Budgeted Sales

An estimate of the sales volume and revenue expected to be achieved in a specific period, typically used for planning purposes.

Units

A measure of quantity used to express the amount of a product or service.

Unit Selling Price

The amount charged to the customer for a single unit of a product or service.

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