The U.S. government coding system that classifies a company by the nature of its business operations is known as the:
A) Centralized Business Index.
B) Peer Grouping codes.
C) Standard Industrial Classification codes.
D) Governmental ID codes.
E) Government Engineered Coding System.

Question

Quizplus · Accepted Answer

The U.S. government coding system that classifies a company by the nature of its business operations is known as the Standard Industrial Classification codes. This system was used from 1937 until 1997, when it was replaced by the North American Industry Classification System (NAICS).

The US Government Coding System That Classifies a Company by the the Nature