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A. Contract close-out formalizes project completion. B. Contract close-out includes product verification.C. Contract close-out includes updating records with final results. D. Administrative closure includes procurement audits. E. None of the above.
The answer must be B as before administrative closure, the product must be verified for its functionality and fulfilling the purpose for what it produced.
Contract close-out comes before administrative close-out.
Contract close-out formalize the completion of the project execution or part of it, pending on the matter the project is broken-down into a hole item or various partial items/phases, that can be closed-out one by one.
B. Contract close-out includes product verification.
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