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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. Leveraged lease transaction.
C. Asset lease for capital needs of the organization.
D. Third party lease of negotiated assets.
Answer: B
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 B
B. Option E
C. Option A
D. Option C
E. Option D
Answer: B

NEW QUESTION: 3
Which of the following statements is CORRECT about FXO and FXS ports?
A. An FXS port can connect to another FXS port.
B. 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.
C. The phone line of a POTS phone connects to an FXO port.
D. FXO port on the PBX connects to the POTS phone.
Answer: C