Change Management Refers to

question 16

Multiple Choice

Change management refers to

• A) disbursement controls on petty cash.
• B) operational controls applied to companies after mergers or acquisitions.
• C) replacement of upper management and their introduction to the organization.
• D) controls designed to ensure that updates in information technology do not have negative consequences.

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Definitions:

Default

Failure to pay a debt when it is due.

Mortgage

A legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Real Property

Land, buildings, and anything permanently attached to them, recognized as real estate or immovable property.

Credit Cards

Financial tools issued by banks that allow users to borrow money up to a certain limit to purchase items or withdraw cash.