To Join a Credit Union, You Need to

question 14

Multiple Choice

To join a credit union, you need to

• A) have a steady job.
• B) be a member of a group with a common bond.
• C) have established good credit.
• D) be sponsored by an existing member of that credit union.

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Definitions:

Least Profitable

Describes the product, service, or business segment that generates the smallest amount of profit relative to others.

Product Ranking

The process of ordering products based on criteria such as sales performance, profitability, or strategic importance.

Variable Selling Expense

Costs that vary directly with the level of sales, such as commissions and credit card fees, as opposed to fixed selling expenses like salaries.

Specialized Machine

Equipment designed for a specific, often complex, function or process within manufacturing or production, not readily substitutable.