The North American Industry Classification System (NAICS)

The North American Industry Classification System (NAICS) :

A) was in use before the Standard Industrial Classification (SIC) code was developed.
B) has been jointly adopted by all countries in the Western Hemisphere.
C) uses a numeric system that indicates geographic locations of businesses.
D) has 20 industry sectors instead of 10 like the SIC code.
E) indicates the diversity of a multiproduct company with its system.

Correct Answer:

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