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What is the final step of the procurement process? Payment Purchase Requisition None of the above Invoice Purchase Order

Payment

Which process focuses on people within an organization and includes functions such as recruiting, hiring, training, and benefits management? Human Capital Management (HCM) Project Management Financial Accounting Management Accounting or Controlling (CO) None of the above

Human Capital Management (HCM)

Which process supports the design and development of products from the initial product idea stage through the discontinuation of the product? Procurement Process Fulfillment Process Production Process Material Planning Lifecycle Data Management

Lifecycle Data Management

Which term refers to all of the activities involved in buying or acquiring the materials used by the organization, such as raw materials needed to make products? Production Process Material Planning Lifecycle Data Management Fulfillment Process Procurement Process

Procurement Process


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