The correct incident life cycle in XSOAR involves several key stages, starting from planning and moving through systematic phases to ensure proper handling of incidents. The stages are Planning, followed by Incident Ingestion where events are brought into the system. Next comes Incident Creation where these events are turned into defined incidents. Following this, Mapping and Classification defines and categorizes the incidents. Pre-processing then applies any initial rules or actions necessary before the primary response, which is carried out in the Playbook runs. Finally, Post-processing handles the closure and review of the incident. This systematic approach ensures thorough and organized incident management.