Which of the following activities is NOT included in the Supply Process?

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Conducting financial audits is not typically considered a part of the Supply Process. The Supply Process generally involves activities that focus on the overarching actions required to procure or provide a product or service. This includes identifying opportunities to improve or procure items, executing agreements with suppliers or stakeholders, and delivering and supporting the products or services that have been acquired or developed.

The activities included in the Supply Process are aimed at ensuring that the right products are available when needed and that they meet the necessary quality and specifications. Identifying opportunities helps organizations recognize what goods or services they could benefit from. Executing agreements ensures that commitments between parties are formalized, while delivering and supporting the product or service encompasses the final steps of fulfilling the agreements made.

Conversely, conducting financial audits is a distinct functions within an organization which focuses on verifying and ensuring the financial accuracy and compliance of transactions and records. This task is more related to financial management and oversight rather than the actual procurement and supply chain focused activities inherent in the Supply Process.

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