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:

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 Tawna at Apr 12, 2024, 12:09 PM

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Kirk

7 months ago

That's a good point, Shelton. It could be a combination of both B and D.

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Shelton

7 months ago

But wouldn't option D also be valid? That percentage could be used for future security investments.

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Stefany

7 months ago

I agree with Kirk, the statement of retained earnings reflects the savings from implementing security controls.

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Kirk

7 months ago

I think option B makes the most sense.

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Adell

7 months ago

Candidate 6: Sounds right to me, option B makes the most sense.

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Viva

7 months ago

Candidate 5: So, would you say it's option B?

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Lindsey

7 months ago

Candidate 4: Yes, it's like a measure of the savings generated from those controls.

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Broderick

8 months ago

Candidate 3: I believe it also reflects the success of implementing security measures.

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Jesusa

8 months ago

Candidate 2: I agree, it shows how much money is available for future security controls.

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Roxane

8 months ago

Candidate 1: I think the statement of retained earnings is important for the CISO's budget.

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Lashanda

9 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

9 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

7 months ago

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

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Gerardo

7 months ago

True, but it's not always a simple direct correlation

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Paz

8 months ago

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

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Beth

9 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

9 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

9 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

9 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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