Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Eccouncil Exam 712-50 Topic 2 Question 102 Discussion

Actual exam question for Eccouncil's 712-50 exam
Question #: 102
Topic #: 2
[All 712-50 Questions]

What is the purpose of the statement of retained earnings of an organization?

Show Suggested Answer Hide Answer
Suggested Answer: B

by Dorothy at Feb 07, 2025, 02:50 AM

Limited Time Offer

25%

Off

Get Premium 712-50 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Colton
14 days ago
The statement of retained earnings is like the financial version of a security audit. It's all about keeping track of the organization's piggy bank, not its firewall.
upvoted 0 times
...
Brynn
18 days ago
This question is a real head-scratcher. I'm just going to go with B and hope for the best. Maybe the exam writer is trying to trick us with some obscure finance trivia.
upvoted 0 times
...
Ling
19 days ago
Wait, the statement of retained earnings has nothing to do with security controls. It's about the organization's overall savings and reinvestment, not just IT-related expenses. I'd go with A.
upvoted 0 times
Chaya
4 days ago
Yeah, it's not directly related to security controls or IT expenses. It's about the overall capital expenditures of the organization.
upvoted 0 times
...
Aliza
12 days ago
I agree, the statement of retained earnings is more about the organization's financial health and reinvestment.
upvoted 0 times
...
...
Cordell
22 days ago
D seems like the obvious choice. The CISO's budget is directly related to the retained earnings, right? That's how they fund security measures.
upvoted 0 times
Bettina
5 days ago
User 2: Yes, that's correct. The statement of retained earnings helps determine how much can be allocated for security measures.
upvoted 0 times
...
Niesha
7 days ago
User 1: D seems like the obvious choice. The CISO's budget is directly related to the retained earnings, right?
upvoted 0 times
...
...
Augustine
29 days ago
I think the answer is C. The statement of retained earnings shows the profits that the organization has saved, which could be used to finance future security controls.
upvoted 0 times
Honey
6 days ago
No, it's more about the savings generated from profits that could potentially be used for security purposes.
upvoted 0 times
...
Shizue
8 days ago
So, the statement of retained earnings is not directly related to the CISO's budget then?
upvoted 0 times
...
Carin
8 days ago
That makes sense, it's important for organizations to have funds set aside for future security measures.
upvoted 0 times
...
Nida
15 days ago
I agree, the statement of retained earnings reflects the savings generated by the proper acquisition and implementation of security controls.
upvoted 0 times
...
...
Corinne
1 months ago
I believe it also shows the percentage of earnings that could be used to finance future security controls.
upvoted 0 times
...
Tyisha
1 months ago
I agree with Shawn. It represents the savings generated by the proper acquisition and implementation of security controls.
upvoted 0 times
...
Shawn
1 months ago
I think the purpose of the statement of retained earnings is to show how much money the company has saved.
upvoted 0 times
...

Save Cancel