Which of the following statements regarding credit unions is true?
A. They make secured loans only to non-members.
B. They are owned and managed by the government.
C. They provide installment loans to their members.
D. They charge higher interest rates than other sources of consumer loans.
E. They are profit-making organizations.
Answer: C
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On the statement of cash flows, the issuance of capital stock for cash to be used for future expansion of a production facility is treated as an investing activity
Indicate whether the statement is true or false
The rights of a European Works Council include all of the following except:
A. The right to request a meeting with management under exceptional circumstances like a plant closing. B. The right to learn about an employer's financial health. C. The right to collectively bargain. D. The right to meet with management annually and be consulted regarding the business' progress.
The northwest-corner rule is best used:
A) to minimize the total shipping cost from several origins to several destinations. B) to calculate whether a feasible solution is also an optimal solution. C) to calculate how much to transfer from one shipping route to another. D) to generate an initial feasible solution to a transportation problem. E) to resolve cases of degeneracy in transportation problems.
Ziffcorp, a laptop manufacturing company, is working on a strategy to deliver its laptops to the students of a university before their new term begins. It is evident that Ziffcorp is working on its _____.
A. advertisement strategy B. distribution strategy C. pricing strategy D. product strategy