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 third digit designates a(n)
A)industry subsector.
B)industry group.
C)specific industry.
D)individual country-level national industry.
E)sector of the economy.

Question

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The NAICS designates industries with a numerical code in a defined structure.A six-digit coding system is used.The first two digits designate a sector of the economy,the third digit designates a subsector,and the fourth digit represents an industry group.The fifth digit designates a specific industry and is the most detailed level at which comparable data are available for Canada,Mexico,and the United States.The sixth digit designates individual country-level national industries.

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