Running the risk of turning this into a pantomine, Oh no it doesn't!!
True, that sim time is creditable towards courses and licence issue but that is not the question here. However, sim time is not flight time and must not be recorded as such. Sim time must be logged seperately from flight time recorded in the logbook.
Total Time is Total Time of flight. What is not is sim time, nor time spent farting around in crewing, neither drinking coffee whilst watching a student doing a walkaround. Flight time is time from brakes off to brakes on, with the intent of flight. Ergo total time is the culmination of such. If you want to decieve a potential employer that you have more experience then how do you percieve the interview going? So Bloggs, your CV states that you have an extra 50 hours experience than you logbook, care to explain this? Hmm, Good Luck.