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

Which of the following definitions best describes the instance 'updated MIC status'?

A. market category classifier for an approved publication arrangement
B. as of the last report or update, the exchange code has expired
C. as of the last report or update, the exchange code was revised
D. market identifier code status that indicates that as of the last report or update, the code was registered and actively in use

Answer: as of the last report or update, the exchange code was revised