Eccouncil Exam 712-50 Topic 6 Question 91 Discussion

Actual exam question for Eccouncil's 712-50 exam

Question #: 91
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 Truman at Sep 11, 2024, 01:59 AM

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Amalia

2 months ago

Yes, that makes sense. It's crucial for budget planning.

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Thaddeus

2 months ago

I believe option B is correct, it reflects the savings from security controls.

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Lenora

2 months ago

I agree, it shows how much money is available for security measures.

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Gracie

3 months ago

Option C is just plain wrong. The statement of retained earnings has nothing to do with capital expenditures. Whoever wrote this question needs to brush up on their accounting knowledge.

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Marisha

1 months ago

I agree, option C is definitely incorrect. It's important to understand the financial implications for security decisions.

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Richelle

2 months ago

D) Represents the percentage of earnings that could in part be used to finance future security controls

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Adaline

2 months ago

B) Represents, in part, the savings generated by the proper acquisition and implementation of security controls

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Shalon

2 months ago

A) Has a direct correlation with the CISO's budget

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Haha, Option A is a bit of a stretch. I doubt the CISO's budget has a direct correlation with the statement of retained earnings. That's like saying the janitor's salary affects the company's net income.

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Jacquelyne

3 months ago

None of these options seem quite right to me. The statement of retained earnings is more about the company's overall financial performance, not specifically about the CISO's budget or security controls.

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Amalia

3 months ago

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

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Melda

3 months ago

I think Option D is the best answer here. The statement of retained earnings represents funds that could potentially be used to finance future security initiatives.

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Lenna

3 months ago

Option B seems reasonable, as proper security controls can indeed generate savings for the organization. But I'm not sure how directly it correlates to the statement of retained earnings.

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Candra

2 months ago

Candra, I agree. It's important for the CISO to consider how security controls impact the organization's financial statements.

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Vincent

2 months ago

I agree, but I'm also not sure how it directly relates to the statement of retained earnings.

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Olen

3 months ago

Option B seems reasonable, as proper security controls can indeed generate savings for the organization.

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Vincent

3 months ago

I think option B makes sense. Proper security controls can definitely save money for the organization.

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Eccouncil Exam 712-50 Topic 6 Question 91 Discussion

Contribute your Thoughts:

Amalia

Thaddeus

Lenora

Gracie

Marisha

Richelle

Adaline

Shalon

Doyle

Jacquelyne

Amalia

Melda

Lenna

Candra

Vincent

Olen

Vincent