Industry classification codes that are based on annual sales revenue or number of employers are abbreviated as ______.
A) NAICS
B) SIC2
C) NAIA
D) NCAA

Question

Quizplus · Accepted Answer

NAICS stands for North American Industry Classification System, which is used to classify businesses based on their type of economic activity. It does not classify businesses based on annual sales revenue or number of employees.

Industry Classification Codes That Are Based on Annual Sales Revenue