Which of the Following Statements About NAICS Codes Is False

question 42

Multiple Choice

Which of the following statements about NAICS codes is false?

• A) Three-digit NAICS codes are very useful to the retail analyst.
• B) In almost all instances, the NAICS code reflects the type of merchandise the retailer sells.
• C) Four-digit NAICS codes provide much more information on the structure of retail competition than three-digit NAICS codes.
• D) The U.S. Bureau of Census classifies all retailers using three-digit NAICS codes.
• E) The major portion of a retailer's competition comes from other retailers in its NAICS category.

Interpret the economic conditions that lead to recession and expansion phases.

Identify the measures taken during economic recessions to stabilize the economy.

Distinguish between deflation and disinflation.

Understand factors influencing perception and their impact on decision-making.

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Definitions:

Return on Equity

A measure of financial performance that calculates the return on shareholders' equity investments.

Equity Multiplier

A financial ratio indicating how much of a company's assets are financed by its shareholders' equity.

Debt-to-equity Ratio

This metric measures the relative contribution of shareholder equity and debt in the funding of a company's assets.

Dividend Yield Ratio

This ratio indicates the annual dividend payments of a company as a percentage of its current share price.