A Project Sponsor Approved an Undocumented Change Without Following the Formal

question 295

Multiple Choice

A project sponsor approved an undocumented change without following the formal change control process. The resulting change caused an outage in a crucial accounting application. Which of the following change control processes would help mitigate the realization of this risk?

• A) Regression plan
• B) Quality plan
• C) Change validation
• D) Application version control

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Definitions:

Shares Issued

The total number of shares that have been allocated to shareholders and company officers.

Paid-In Capital

This refers to the total amount of cash and other assets received from shareholders in exchange for stock.

Common Stock

A type of equity security that represents ownership in a corporation, with rights to vote on corporate issues and receive dividends.

Treasury Stock

Refers to shares that were issued and later repurchased by the corporation, reducing the amount of outstanding stock on the open market.