@David Moon Thanks for posting in our Q&A.
From intune's point of view, the answer is YES. If we want to delay updates for Office, we can create a administrative template profile that configure the settings "Delay downloading and installing updates for Office" to make it.
And if you want to configure update channel or target version, please refer to the following article:
https://learn.microsoft.com/en-us/mem/intune/configuration/administrative-templates-update-office
Hope it will clarify something.
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