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Which of the following is NOT part of the Contract Closure process?
Correct Answer: C
One way to remember this is to think about how a company bills for its services. If you've finished the work and delivered the product, the product is done and you can close it out. But it may take some time for your invoice to be paid, and you can't close out the contract until you get the money! By the time the Contract Closure procedure happens, you should have already gotten formal written acceptance for the deliverables. That's what the Scope Verification process is for, and you verify that formal acceptance in the Close Project process.