Question: Which statement is TRUE about North American Industrial Classification System ( NAICS ) codes? Multiple Choice The NAICS codes are considered to be perfect codes

Which statement is TRUE about North American Industrial Classification System (NAICS) codes?
Multiple Choice
The NAICS codes are considered to be perfect codes that adjust to a country's own unique economic structur
The NAICS code defines 10 business sectors based on a four-digit hierarchical code.
The NAICS codes apply to the major economies of the world except Mexico and Canada.
The NAICS codes make it possible to purchase detailed information on each of the codes in the system.
The NAICS code classifies companies on the basis of their tertiary output.
Which statement is TRUE about North American Industrial Classification System (NAICS)

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