Equity Investments Q186

186Which of the following statements most accurately describes the difference among the three commercial classification systems?

A
ICB uses a three-tier structure classification system while RGS uses a fourtier structure.
B
RGS classifies based on where a company gets its revenue whereas ICB classifies based on products or services.
C
GICS and ICB use a four-tier structure while RGS uses a three-tier structure.

Option : C
Explanation : GICS and ICB use a four-tier structure while RGS uses a three-tier structure. B is incorrect because RGS classifies based on the products and services a company produces.

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