A credit union holds and maintains detailed records of the banking activities of its members. Each quarter, the credit union provides its members a printout of banking activities, information about low rate loans and pre-owned automobiles. By contacting its members on a regular basis, the credit union is engaging in the business function of:
A) holding inventory
B) providing services
C) financing
D) breaking bulk
E) providing assortments

Question

Quizplus · Accepted Answer

The credit union is providing services by maintaining records and regularly updating members about their banking activities and available financial products.

A Credit Union Holds and Maintains Detailed Records of the Banking