Which of the Following Statements About Change and Change Management

question 96

Multiple Choice

Which of the following statements about change and change management is correct?

• A) Change management should be considered right from the start of the project.
• B) Change management should first be considered in the design stage of the project.
• C) The management of change is the sole responsibility of the project manager.
• D) Social and cultural factors have little influence on the success of implementing changes.

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Definitions:

Observable Inputs

Inputs that are developed using market data, such as publicly available information about actual events or transactions, and reflect the assumptions that market participants would use when pricing the asset or liability.

Level 2 Input

In fair value measurement, inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly, such as using market-correlated data.

Level 2 Input

Inputs other than quoted market prices included within Level 1 that are observable for the asset or liability, directly or indirectly, such as quoted prices for similar assets or liabilities.

Interest Rates

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the outstanding loan.