A uniform numbering system for classifying establishments according to the types of goods and services they provide is
A)Market Identifiers.
B)Standard Industrial Classification.
C)Compustat services.
D)Valueline database.
E)Economic Information System.

Question

Quizplus · Accepted Answer

The Standard Industrial Classification (SIC) is a uniform numbering system used to classify establishments according to the types of goods and services they provide. It was developed by the US government to facilitate the collection, tabulation, analysis, and dissemination of data to support economic research and decision-making.

A Uniform Numbering System for Classifying Establishments According to the Types