Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'entity validation level'?

A. sequence of characters used to assist in the sorting of mail
B. international identifier for financial and non-financial institutions used to facilitate automated processing of information for financial services
C. code for the level of validation performed by the GLEIF or LOU with respect to the reference data provided by the registrant
D. code for the reason that a legal entity ceased to exist and/or operate

Answer: code for the level of validation performed by the GLEIF or LOU with respect to the reference data provided by the registrant