Resource '$(string. ... referenced in attribute displayName could not be found. File C:\WINDOWS\PolicyDefinitions\inetres.admx, line 795, column 308

Issue:
When I run the Local Group Policy Editor an error box appears telling me that Resource '$(string.VerMgmtAuditModeEnable)' referenced in attribute displayName could not be found. File C:\windows\PolicyDefinitions\inetres.admx, line 795, column 308. This occurred after a clean install of Windows server 2008 R2 and Update Internet Explorer to version 11

Resolved;
Please take the following steps to fix this issue:
1. Visit the following link and download the Administrative Templates (.admx) for Windows 8.1 Update and Windows Server 2012 R2 Update
http://www.microsoft.com/en-hk/download/details.aspx?id=43413
2. Install the msi Windows8.1-Update-ADMX.msi
3. Rename or Move the folder C:\Windows\PolicyDefinitions to another location with the folder PolicyDefinitions created in folder "C:\Program Files (x86)\Microsoft Group Policy\Windows8.1-Update\PolicyDefinitions" to "c:\windows"
4. Make sure backup the folder C:\Windows\PolicyDefinitions before the replace / rename.
5. Reboot (Optional)

Reference Links
Group Policies Microsoft