Undo menu item is wrong

I'm getting a problem where the undo function in the menu is incorrectly labelled.. As far as I can see undo always does undo the last thing.. but say if I move an item and I have been playing with envelopes.. the undo will say, undo Add envelope point, but will actually undo the item move (as it should). Only noticed it in last release (3.14)

Hey, I had the same experience on the new update, but didn't have time to come up with a reproduction recipe for the issue. I've seen wrong undo labeling mostly on project's I have started prior to 3.14, did not see it yet on new ones...

I've had this on both new and old projects.