Which of the Following Statements BEST Describes Credit Unions

question 138

Multiple Choice

Which of the following statements BEST describes credit unions?

• A) Credit unions are for-profit institutions.
• B) Credit unions are not subject to provincial regulations.
• C) Credit unions are usually small and locally owned.
• D) Credit union members typically have nothing in common with each other.

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Definitions:

Representative Sample

A subgroup of a population selected to accurately reflect the characteristics of the larger group it represents for research purposes.

College Students

Individuals enrolled in institutions of higher education to pursue degree programs or other academic credentials.

Next Election

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Scientific Method

A systematic and logical approach to discovering how things in the universe work, involving observation, hypothesis formation, experimentation, and conclusion.