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:
Verified
Correct Answer:
Verified
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