The NAICS codes:
A) will be used along with SIC codes
B) will replace SIC codes
C) are used along with editing and tabulating data
D) increase the data reliability
E) are only for the U.S.A.

Question

Quizplus · Accepted Answer

The NAICS (North American Industry Classification System) codes were developed to replace the older SIC (Standard Industrial Classification) codes to provide a more modern and consistent framework for classifying industries in North America.

The NAICS Codes