The NAICS Code Helps in Geodemographic Segmentation Programs

question 133

True/False

The NAICS code helps in geodemographic segmentation programs.

---

Definitions:

Materials Ledger

A detailed record keeping system that tracks the quantity and cost of materials on hand, used primarily in manufacturing and production settings.

Finished Goods

Products that have completed the manufacturing process and are ready for sale.

Cost of Goods Sold

The immediate expenses linked to the creation of products that a company sells.

Accounts Payable

Liabilities owed by a business to creditors for goods and services purchased on credit.