Question

risk/ control matrik illustrated in the chapter contains five columns. Which of the following is not one of them? 3. The A. Risk B. C COSO category D. Internal control Risk category 4. Which of the following formulas explains motivation using expectancy theory? A. Energy X Valence X Instrumentality B. Expectancy+ Valence + Instrumentality C. Expectancy X Valence+ Instrumentality D Expectancy X Valence X Instrumentality 5. Arrange the levels of the capability maturity model in order from least mature to most mature. Managed Chaotic Optimize 4 3 Defined 2 Repeatable

Answer 1

1. COSO category

Risk/Control Matrix is an extract of the process document, meaning it will pull out only the control activities carried out in the process and gets itself strengthened with the objective, the risk of non-existence of that control, the frequency of operation etc. COSO category helps in framework of internal audit

2)Theoretical formula: Motivation Force= Expectancy.x Valence x Instrumentality

It explains the process of individual decision making based on various behavioral alternatives.

3)There are Five Levels for Capability Maturity Model-

Level 1- Chaotic

Processes are Generally rigid and the Companies does not provide a stable environment to observe it. Success in this chaotic environment will depends on the employees.

Level 2- Repeatable

Software development successes are repeatable. Though Everytime the process will not repeat for all Projects but they will use the project management to track cost.

Level 3- Defined

The companies set standard Processes in order to simpifly and with the time its can be improved.

Level 4- Managed

Using precise measurements, management can effectively Manage the software development effort.

Level 5- Optimizing

Focusing on continually improving process performance through both incremental and innovative technological improvements.