Which step involves gaining approval from management in the change management process?

Prepare for the Information Systems and Controls (ISC) CPA Exam. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready to excel!

The step that involves gaining approval from management in the change management process is the design of a high-level plan. At this stage, the organization outlines the overall approach for the change initiative, detailing how it will be implemented, the resources required, and the expected benefits.

This high-level plan is crucial because it provides a comprehensive overview that management needs to assess the feasibility and strategic alignment of the proposed change. It serves as the basis for discussions and approvals, allowing management to make informed decisions regarding the allocation of resources, prioritization of changes, and commitment to the initiative.

Management's approval is essential before proceeding to later stages such as budget development, implementation, and execution. Their endorsement confirms that the plan aligns with organizational goals and supports the successful adoption of the proposed changes.

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