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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549FORM 10K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August

How to fill out standard industrial classification sic

How to fill out standard industrial classification sic

1. To fill out the standard industrial classification (SIC), follow these steps:
2. Start by obtaining the SIC manual or accessing an online version.
3. Identify the primary business activity of the company.
4. Navigate to the relevant section in the SIC manual that corresponds to the primary business activity.
5. Review the detailed descriptions and examples provided.
6. Select the appropriate SIC code that best describes the primary business activity.
7. Note down the selected SIC code for future reference or reporting purposes.
8. If the company has multiple divisions or subsidiaries engaged in different activities, repeat the process for each one.
9. Ensure that the selected SIC code accurately reflects the main activity of the company.
10. Regularly review and update the SIC code as needed if there are any changes in the primary business activity.
11. Keep a record of the assigned SIC code for regulatory compliance or statistical reporting.

Who needs standard industrial classification sic?

1. Standard industrial classification (SIC) is useful for various stakeholders, including:
2. - Government agencies and regulatory bodies to track economic trends and analyze industry data.
3. - Market researchers and analysts to segment industries and study market trends.
4. - Financial institutions and credit rating agencies to evaluate risk and make informed lending decisions.
5. - Businesses and organizations for benchmarking, market analysis, and strategic planning.
6. - Investors and stock analysts to assess industry performance and make investment decisions.
7. - Trade associations and industry groups to gather data and represent specific sectors.
8. - Marketing and advertising professionals for targeted campaigns and industry-specific messaging.

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