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Eccouncil Exam 712-50 Topic 7 Question 79 Discussion

Actual exam question for Eccouncil's 712-50 exam
Question #: 79
Topic #: 7
[All 712-50 Questions]

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

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Suggested Answer: D

by Tawna at Apr 12, 2024, 12:09 PM

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Kirk
9 months ago
That's a good point, Shelton. It could be a combination of both B and D.
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Shelton
10 months ago
But wouldn't option D also be valid? That percentage could be used for future security investments.
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Stefany
10 months ago
I agree with Kirk, the statement of retained earnings reflects the savings from implementing security controls.
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Kirk
10 months ago
I think option B makes the most sense.
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Adell
10 months ago
Candidate 6: Sounds right to me, option B makes the most sense.
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Viva
10 months ago
Candidate 5: So, would you say it's option B?
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Lindsey
10 months ago
Candidate 4: Yes, it's like a measure of the savings generated from those controls.
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Broderick
10 months ago
Candidate 3: I believe it also reflects the success of implementing security measures.
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Jesusa
10 months ago
Candidate 2: I agree, it shows how much money is available for future security controls.
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Roxane
11 months ago
Candidate 1: I think the statement of retained earnings is important for the CISO's budget.
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Lashanda
12 months ago
I'm leaning towards option B as well. The CISO's job is to protect the organization's assets, which includes financial resources.
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King
12 months ago
Haha, I bet the CISO wishes their budget had a direct correlation with the statement of retained earnings! If only it were that easy.
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Cyril
10 months ago
D) Represents the percentage of earnings that could in part be used to finance future security controls
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Gerardo
10 months ago
True, but it's not always a simple direct correlation
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Paz
10 months ago
B) Represents, in part, the savings generated by the proper acquisition and implementation of security controls
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Beth
12 months ago
Option D sounds plausible, but I'm not sure if that's the primary purpose of the statement of retained earnings.
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Beth
12 months ago
Option C seems a bit off. The statement of retained earnings has nothing to do with capital expenditures, right?
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Edna
12 months ago
I think option B makes the most sense. Proper security controls can definitely generate savings for the organization.
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Antione
12 months ago
I'm not sure I understand the connection between the CISO's budget and the statement of retained earnings. Isn't that more of an accounting thing?
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