Which SSIC range would you use to categorize financial management?

Which SSIC range would you use to categorize financial management?

• A. 5000-5999
• B. 7000-7999
• C. 1000-1999
• D. 6000-6999

Answer: (B)

Financial management is categorized in the SSIC 7000-7999 range because the 7000s are designated for fiscal and financial topics, including budgeting, accounting, and related financial operations. When you’re organizing records that deal with money, funds, and financial processes, this range is the appropriate one to use. The other ranges cover different subject areas (such as personnel, logistics, or general administration), so they wouldn’t be suitable for financial management.

Financial management is categorized in the SSIC 7000-7999 range because the 7000s are designated for fiscal and financial topics, including budgeting, accounting, and related financial operations. When you’re organizing records that deal with money, funds, and financial processes, this range is the appropriate one to use. The other ranges cover different subject areas (such as personnel, logistics, or general administration), so they wouldn’t be suitable for financial management.