If a Credit Union's Members Are Affiliated with a Particular

question 10

Multiple Choice

If a credit union's members are affiliated with a particular employer and large layoffs occur, the credit union's exposure to ____ risk may increase .

• A)settlement
• B)interest rate
• C)credit
• D)None of these are correct.

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Definitions:

Donor Retains Power

In charitable giving, when the donor ensures some level of continued influence or control over the use or investment of the donated assets.

Not-For-Profit Accounting

Not-For-Profit Accounting encompasses the principles and practices used by nonprofit organizations to record and report their financial activities, focusing on accountability and fund management rather than profitability.

Acquisition

The process of obtaining control of another company by purchasing its shares or assets.

Significant Influence

The power to participate in financial and operating policy decisions of an investment, without having full control or outright ownership.