MS Power Point
To add a header or footer to your handout, you can use

The title master
All of the listed here
The slide master
The handout master

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MS Power Point
How do you add degrees of transparency to shapes such as arrows, so that the slide background shows though?

All of above
Use the Set Transparent Color button on the Picture toolbar
Use #D style 4 button on the drawing toolbar
Use the Transparency slider in the Format AutoShapes dialog box

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