Final answer:
The two primary steps in preparing the control matrix are specifying control goals, identifying recommended control plans, and specifying control plans, specifying input goals.
Step-by-step explanation:
The two primary steps in preparing the control matrix are:
a. Specifying control goals, identifying recommended control plans:
When preparing a control matrix, the first step is to identify the control goals that need to be achieved. These goals should align with the overall objectives of the organization. Once the goals are identified, recommended control plans are proposed to help achieve those goals.
b. Specifying control plans, specifying input goals:
The second step is to specify the control plans that will be put in place to ensure the controls are effective. These control plans outline the specific actions and procedures that will be implemented. Additionally, input goals related to the controls are also specified, which define the desired input or resources needed for the controls to function properly.