Equity Investments Q188
- A
Commercial classification system is reviewed more frequently as compared to government classification system.
- B
Government classification system generally distinguishes between large and small businesses while commercial system does not.
- C
A limitation of both the systems is that a company’s narrowest classification unit cannot be assumed to be its peer group.
- Option : B
- Explanation : Government classification system does no distinguish between large and small businesses, for-profit and non-profit, or private and public companies.
