- CFA Exams
- CFA Level I Exam
- Study Session 13. Equity Investments (2)
- Reading 40. Introduction to Industry and Company Analysis
- Subject 3. Industry Classification Systems
CFA Practice Question
The World Bank uses the ______ for industry classification.
A. International Standard Industrial Classification of All Economic Activities (ISIC)
B. North American Industry Classification System
C. Global Industry Classification Standard
Explanation: The World Bank is an agency of the United Nations, which adopted ISIC in 1948.
C is a commercial industry classification system.
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