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​"The set of activities required to first identify a​ need, assign a supplier to meet that​...

​"The set of activities required to first identify a​ need, assign a supplier to meet that​ need, approve the specification or​ scope, acknowledge​ receipt, and submit payment to the​ supplier" is the definition of

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Answer #1

Procure to Pay Cycle

Reason: The procure to pay cycles states the set of activities which are required in order to identify the need and then assign a supplier to meet the need and go about approving the specifications and making payments to the suppliers.

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