6) Quattro Corporation signed a lease from Cinco Leasing Company of July 1 Year 1, for equipment having a five-year useful life. The lease does not include any option to purchase the equipment at the end of the four-year lease term, nor does it include a provision for ownership transfer. Five equal payments of $10,000 per year are required by the term of the lease, with the first payment due upon signing. Quattro’s incremental borrowing rate is 8%, but its implicit interest rate is unknown.Present value of an annuity at 8% for 5 years = 3.993Present value of an annuity at 8% for 4 years = 3.312On its December 31, 20X3 financial statements, Quatto would display the following amounts in the indicated accounts:Equipment ; Accumulated Depreciation; Lease Payablee) $0;$0;$0f) $43,120; $5,390; $33,120g) $43,120; $4,312; $33,120h) $49,930; $6,241; $39,9307) Finance Here Sales & Service provides leased-based financing for its full line of commercial generators. Sales of the generators are properly accounted for as operating sales-type leases. Terms of the leases include return of the generators to Finance Here Sales & Service for resale in secondary markets. The company estimates that the non-guaranteed residual values on generators are equal to an average of 10 percent of the historical cost of the generators. Finance Here Sales & Service can expect that: 

A) Cost of goods sold will be equal to the historical cost of the generators sold. 
B) Cost of goods sold will be greater than the historical cost of the generators sold. 
C) Cost of goods sold will be less than the historical cost of the generators sold. 
D) The relationship of cost of goods sold and the historical cost of the generators cannot be determined.8) Capius Corporation issued 2000 bonds in $1000 individual denominations. Each bond has twenty detachable warrants. The bonds and warrants were sold at 110. At the time the bond were issued each warrant had a market value to one percent of the face value of one bond. Capius will account for this transaction as:E) Bond payable with an unamortized premium and a credit to Additional Paid In Capital WarrantsF) Bond payable with an unamortized premium and a debit to Additional Paid In Capital WarrantsG) Bond payable with an unamortized discount and a credit to Additional Paid In Capital WarrantsH) Bond payable with an unamortized discount and a debit to Additional Paid In Capital Warrants

Scenario SummaryYou are the Manager of Information Security Operations for a medium-sized organization and report directly to the Chief Information Security Officer (CISO) in the Information Security department. The organization consists of a headquarters and six other geographically dispersed offices. You work at the headquarters location and manage a team of five security engineers. The role of the Information Security department is to ensure the confidentiality, integrity, and availability of the organization’s data and systems. One of your key responsibilities is to understand, analyze, and design the security architecture for the enterprise network. This network not only supports the internal employees of the organization, but also leverages the Internet for communication with vendors, customers, and remote employees. Your team of five security engineers is responsible for the following areas of network security:• Network Security Policy Planning and Implementation• Attack Prevention and Mitigation• Secure Authentication Techniques• Wireless LAN (WLAN) Security and Authentication• Hardware Firewalls and DMZs• WAN Security• Virtual Private Networks (VPNs)• Remote User Security and AuthenticationYour Role/AssignmentFollowing a recent increase in cyber attacks in the industry, the CISO has directed you to develop network security strategies that will ensure that the organization’s network is protected from both internal and external security risks. He will be providing three briefings to the CIO on specific topics (to be determined) regarding the overall security posture of the organization. Prior to each meeting, the CISO will request you provide him with a one-page summary on a specific network security-related topic.