Multiple Choice
Which of the following observations concerning credit unions is NOT true?
A) They invest heavily in corporate securities.
B) Member loans constitute a majority of their total assets.
C) They tend to invest more of their assets in Government of Canada securities than other DTIs.
D) They engage in off-balance-sheet activities.
E) They focus more on providing services and less on profitability.
Correct Answer:
Verified
Correct Answer:
Verified
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