Which of the following statements about the North American Industry Classification System (NAICS) is true?
A) The NAICS provides information for all countries in North America.
B) In 2005, the SIC classification system will replace the NAICS.
C) The NAICS permits a firm to find the NAICS codes of its present customers and then obtain NAICS-coded lists for similar firms.
D) The NAICS uses a four-digit coding system.
E) The NAICS assigns multiple codes to conglomerates.
Answer: C