Consider the following list of items that might appear in a risk/control matrix:
i.At least twice a week
ii.Corrective
iii.Human error
iv.Inability to access class materials due to network outage
v.Insufficient time to study
vi.Local data backup
vii.Maximum budget = $50
Viii.Preventive
ix.Systems
x.Time management software
Which of the following items are most likely to be grouped on a single row?
A)I, II, III, IV, V
B)I, III, VII, VIII, X
C)III, V, VII, VIII, X
D)III, VI, VII, VIII, X

Question

Quizplus · Accepted Answer

Items III, V, VII, VIII, and X are all related to potential risks and controls related to student time management and study habits. Item III refers to the potential for human error, which could include not allocating enough time for studying. Item V also relates to time management, as it highlights the potential risk of insufficient time to study. Item VII sets a budget limit for any controls that might be implemented to address these risks. Items VIII and X are both preventive controls that could help students manage their time better (e.g. setting up a schedule and using time management software). Item VI (local data backup) is not particularly related to any of these items and item II (corrective) could relate to any number of different risks, so they are not as likely to be grouped together in a single row. Items I and IV are also somewhat unrelated to the other items on the list, as they refer to frequency of occurrence and avoiding network outages, respectively.

Consider the Following List of Items That Might Appear in a Risk/control