The ________ closing process should finalize the archiving of all data related to how the contract was administered and how the seller performed for future contract work with this seller.
A) contract
B) procurement
C) SOW
D) buyer

Question

Quizplus · Accepted Answer

The procurement closing process involves finalizing all contract-related activities, including archiving data for future reference. The contract closing process is focused on bringing the contract to a formal close, while the SOW (Statement of Work) and buyer are more specific components of the overall procurement process.

The ________ Closing Process Should Finalize the Archiving of All