The North American Industry Classification System (NAICS) designates industries with a numerical code in a defined structure. A six-digit coding system is used. The first two digits designate
A) a country of origin.
B) an industry group.
C) a specific industry.
D) an individual country-level national industry.
E) a sector of the economy.

Question

Quizplus · Accepted Answer

The first two digits of the NAICS code designate the sector of the economy, which is the broadest classification within the system.

The North American Industry Classification System (NAICS) Designates Industries with a Numerical