During the 2007-2009 financial crisis, housing prices began to fall and subprime mortgages began to default. Which of the following statements is true about the rating of subprime mortgage products?
A) The rating agencies were way ahead of the market, giving many of the subprime products junk ratings from the start.
B) Rating agencies were not involved. Subprime mortgages could not be structured, by law.
C) Many AAA-rated subprime products had to be downgraded over and over again until they reached junk status.
D) None of the above are true.
C
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Supply chain execution software:
a. accumulates data about orders from retail customers, sales from retail outlets, and data about manufacturing. b. receives and routes customer orders and executes the invoice for the sale. c. Both a. and b. d. Neither a. nor b.
A statement of work ______.
a. is a detailed description of the work required for the project b. specifies the scope of work needed to be compliant with government regulations c. specifies the scope of work needed to be compliant with ISO regulations d. is a summary description of the project plan
Simulation models are:
A) useful when waiting line models are too complex. B) useful for conducting experiments using the real system. C) preferred because they find optimal solutions. D) usually inexpensive relative to other approaches.
It is common for the losing party in arbitration to successfully appeal the arbitrator's award
Indicate whether the statement is true or false