NAICS Codes Are a Classification of Businesses That ___________

question 90

Multiple Choice

NAICS codes are a classification of businesses that ___________.

• A) List the primary output of the business
• B) Each company gets only one code
• C) Are used across the US, Mexico and Canada
• D) Defines 20 major business sectors
• E) All of the above

Understand the impact of federal funding on health care projects and continuity of care.

Recognize the government's strategies for controlling rising health care costs.

Identify the types of services provided by philanthropic groups in health care.

Analyze the historical changes in health care provision and funding, including during the Great Depression.

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Definitions:

Return On Equity

A measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively a company uses investments to generate earnings growth.

Total Assets

The sum of all holdings and properties owned by a person or entity valued at the end of an accounting period.

Total Equity

The total net worth of a company, calculated as total assets minus total liabilities; represents the owners' claim after debts have been paid.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, demonstrating the profitability of a company.