Which of the following is an accurate description of a balance sheet?

A. The percentage of earnings that are retained by the organization for reinvestment in the business

B. The details of expenses and revenue over a long period of time

C. A summarized statement of all assets and liabilities at a specific point in time

D. A review of regulations and requirements impacting the business from a financial perspective








 

Suggested Answer: C






This question is in 712-50 EC-Council Certified CISO (CCISO) Exam
For getting EC-Council Certified CISO (CCISO) Certificate




Disclaimers:
The website is not related to, affiliated with, endorsed or authorized by EC-Council.
Trademarks, certification & product names are used for reference only and belong to EC-Council.
The website does not contain actual questions and answers from EC-Council's Certification Exam.