Which of the Following Statements Is Correct

Which of the following statements is correct?

A) Building societies and credit unions do not have access to asset- liability management techniques and must hold larger amounts of liquid assets than banks.
B) Mutual organisations have difficulty in accumulating capital because they cannot sell shares and must rely on retained earnings.
C) Small organisations have difficulty meeting the minimum outlays required to keep in step with technological developments.
D) All of the above.