Solved

Which of the Following Statements About NAICS Is FALSE

Question 67

Multiple Choice

Which of the following statements about NAICS is FALSE?


A) It is based on a six-digit hierarchical code
B) It divides each economic division into two-digit designations of major groups of companies
C) It allows for finer distinctions between industries than SIC does
D) This finer-grained approach begins at the first level
E) It groups the economy into 20 major sectors

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents