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NEW QUESTION: 1
This type of lease involves a third-party lessor that buys an asset from an equipment producer and leases it to another company. It is called a?
A. Equipment lease of capital equipment.
B. Third party lease of negotiated assets.
C. Asset lease for capital needs of the organization.
D. Leveraged lease transaction.
Answer: D
Explanation:
A leveraged lease involves a third-party lessor that buys an asset from an equipment producer and leases it to another company. The remaining terms are incorrect: Equipment lease, Third party lease, and Asset lease.

NEW QUESTION: 2


A. Option E
B. Option C
C. Option D
D. Option A
E. Option B
Answer: A

NEW QUESTION: 3
Which of the following statements is CORRECT about FXO and FXS ports?
A. The phone line of a POTS phone connects to an FXO port.
B. An FXS port can connect to another FXS port.
C. FXO port on the PBX connects to the POTS phone.
D. An office has deployed an IAD to provide call services for 10 employees. In this scenario, the FXS port on the IAD can be used for PSTN outgoing calls.
Answer: A