TUGAOEN,FRANCIS JAMES T.

FINAL QUIZ
Requirement:
Think about the reasons you decided to take this course and answer each of the
following questions with a focus on achieving your desired level of success:
1. What are you trying
to accomplish?
2. What could stop you
from accomplishing
them?
3. What options do you
have to make sure
those things do not
happen?
4. Do you have the
ability to execute
those options?

5. How will you know

that you
accomplished what
you wanted to

What are your objectives?

Give at least 5 objectives

What are the risks?

How bad could they be?
How likely they are to
occur?
What are the risk options
or strategies (risk
responses)?

Give as many risks for

each objective

Have you designed

controls and can you
execute those controls, to
carry out the risk
strategies?

Give as many controls for

each risk

Does the information

exist to evidence
success, and can you
monitor performance to
verify that success?

Give as many evidence

for each risk

Give one response for

each risk

Answer Format
Objective
s
Get a good
grade

Risks
Late in
class

Impact
High

Likelih
ood
High

Risk
Respon Control
se
s
Reducti Go to
on
school
early

Evidenc
e
Result of
exam

To have a
thorough
understand
ing of what
auditing is
all about

Not
studying

High

High

Not
reading
books

high

high

To become
a CIA

Not
passing
the CIA
examinat
ion

High

High

Preventi
on

Reducti
on

Listen to Passing
class
the
discussi subject
on
Read
textboo
ks and
other
referenc
e
Always
have a
time
reading
books

Be
exposed
in real
situatio
ns

high

high

Lack of
resources
/
materials

To have a
stable job

Not
passing

Avoidan
ce

High

High

Reducti
on

Browse
the
library
for
books
related
and
material
s that
you can
find for
free on
the
internet
Gain
experie

Actively
participa
tes in
class
discussio
n
Result of
CIA
exam

Result of
CIA
exam

Result of
case
study or
how well
you
judge a
certain
event.

Passing
the CIA

in the
future

To help
other
people in
their
business

the CIA
exam

Not
having
enough
knowledg
e about
the
problem

nce and
attend
seminar
s.

High

Rubric
Requirement
1.
2.
3.
4.

Objectives
Risks
Risk Response
Controls (if
applicable)

5. Evidence

Total

Scor
e
5
5
5
5
5
25

High

Reducti
on

Gain
experie
nce on
the
corporat
e world

board
exam
Having a
stable
job
Result of
the
problem