Error Message:

Not all privileges referenced are assigned to the caller.

Explanation:

The service was asked to make a set of changes to the privileges in a user account. The requested changes were made for all privileges assigned to the account. One or more of the change requests were for unassigned privileges, so they were not made.

User Action:

This is probably not a problem. Try your privileged operation and see if it fails. If it does, see your administrator for help in obtaining the needed privilege.