Eccouncil Exam 712-50 Topic 6 Question 84 Discussion

Actual exam question for Eccouncil's 712-50 exam

Question #: 84
Topic #: 6

[All 712-50 Questions]

From the CISO's perspective in looking at financial statements, the statement of retained earnings of an organization:

AHas a direct correlation with the CISO's budget

BRepresents, in part, the savings generated by the proper acquisition and implementation of security controls

CRepresents the sum of all capital expenditures

DRepresents the percentage of earnings that could in part be used to finance future security controls

Show Suggested Answer

Suggested Answer: D

by Charlesetta at May 30, 2024, 12:46 AM

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Dorthy

6 months ago

I believe option D is correct, as it relates to financing future security controls.

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Lenna

6 months ago

I agree, it shows how much money can be used for security controls.

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Lonny

6 months ago

As a CISO, I'd be more concerned with the balance sheet than the statement of retained earnings. Just sayin'.

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Royal

6 months ago

I think the statement of retained earnings is important for the CISO.

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An

6 months ago

I bet the CISO wishes their budget had a direct correlation with the statement of retained earnings! Option A is a little too optimistic.

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Stephanie

6 months ago

D sounds like the best answer. The CISO should be able to influence how those retained earnings are spent, including on future security initiatives.

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Bulah

6 months ago

I'm not sure a CISO would have much insight into the statement of retained earnings. Isn't that more of an accounting thing?

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Lili

6 months ago

Option B seems to make the most sense. The CISO's role is to ensure proper security controls, which can lead to cost savings and increased retained earnings.

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Johnna

5 months ago

Yes, it's important for the CISO to focus on implementing effective security measures to help increase retained earnings.

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Carrol

5 months ago

I agree, option B does make sense. Proper security controls can definitely lead to cost savings.

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Hubert

5 months ago

It's crucial for the CISO to understand the financial implications of their security efforts. Both options B and D are key factors to consider.

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Lajuana

6 months ago

I think option D is also important to consider. It shows how much of the earnings can be used for future security controls.

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Celestine

6 months ago

It makes sense that the statement of retained earnings would reflect the savings generated from proper security controls.

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Celestine

6 months ago

I agree, option B does seem to align with the CISO's role in managing security controls.

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Nada

6 months ago

I agree, the proper implementation of security controls can definitely lead to cost savings.

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Laine

6 months ago

I agree, option B makes sense. Proper security controls can definitely lead to cost savings.

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Maryln

6 months ago

Option B seems like the most logical choice.

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