North American Industry Classification System (NAICS)system 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

Quizplus · Accepted Answer

The third digit in the NAICS coding system designates an industry subsector. The first two digits designate the sector, the third and fourth digits designate the subsector, and the sixth digit designates the specific industry.

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