Incorporate live fails with HRESULT: 0x80070005 (E_ACCESSDENIED) (4264249)

When attempting to Incorporate Live the changes that have been made to a GPO, the following error is displayed:

System.UnauthorizedAccessException: Access is denied. (Exception from HRESULT: 0x80070005 (E_ACCESSDENIED))

Server stack trace:
   at Quest.Avalanche.Interops.GpmGmt.GPMGPOClass.set_DisplayName(String pVal)
   at Quest.Avalanche.ClassLibrary.LiveEnvironment.LivePolicy.Import(PolicyData data)
   at Quest.Avalanche.ClassLibrary.LiveEnvironment.LivePolicy.MakeCompliant(Backup compliantBackup, IDictionary`2 complianceActions, String& newName)
   at Quest.Avalanche.VersionControl.Workflow.VersionControlled.MakeCompliant(IDictionary`2 complianceActions)
   at Quest.Avalanche.VersionControl.VersionControlManager.MakeCompliant(Guid controlledObjectId, IDictionary`2 complianceActions)
   at System.Runtime.Remoting.Messaging.StackBuilderSink._PrivateProcessMessage(IntPtr md, Object[] args, Object server, Int32 methodPtr, Boolean fExecuteInContext, Object[]& outArgs)
   at System.Runtime.Remoting.Messaging.StackBuilderSink.SyncProcessMessage(IMessage msg, Int32 methodPtr, Boolean fExecuteInContext)