The U.S.government coding system that classifies a firm by the nature of its business operations is known as the:
A)NASDAQ 100.
B)Standard & Poor's 500.
C)Standard Industrial Classification code.
D)Governmental ID code.
E)Government Engineered Coding System.

Question

Quizplus · Accepted Answer

The Standard Industrial Classification (SIC) code is a U.S. government coding system that classifies a firm by the nature of its business operations. The NASDAQ 100 and Standard & Poor's 500 are stock market indices, while the Governmental ID code and Government Engineered Coding System are not recognized terms.

The USGovernment Coding System That Classifies a Firm by the Nature