In constructing CDOs, the mortgage loans are sliced into tranches with the cash flowing first to the _____

Allocating ownership of a risk to a third party who is best able to capture the opportunity is an example of _____ the risk.

A. Exploiting B. Sharing C. Accepting D. Enhancing

When employees evaluate their supervisors, the results are likely to be more meaningful if the appraisal is done:

a. verbally, with nothing put in writing b. without the supervisor's knowledge c. no more than once every two years d. anonymously e. only by employees who have known the supervisor for more than two years