Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'daily'?

A. explicit recurrence interval of one week, or 7 days
B. explicit recurrence interval of one day, or 24 hours
C. explicit recurrence interval of exactly one (1) month, regardless of the length in days of a given calendar month, but typically 30 days
D. explicit recurrence interval of one hour, or 60 minutes

Answer: explicit recurrence interval of one day, or 24 hours