Eccouncil Exam 712-50 Topic 7 Question 79 Discussion

Actual exam question for Eccouncil's 712-50 exam

Question #: 79
Topic #: 7

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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11 hours 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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2 days 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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3 days 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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4 days ago

Option C seems a bit off. The statement of retained earnings has nothing to do with capital expenditures, right?

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6 days ago

I think option B makes the most sense. Proper security controls can definitely generate savings for the organization.

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8 days 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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