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

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

A. ISO 15022 classifier for corporate actions in which security holders are awarded additional assets free of payment from the issuer in proportion to their holding
B. ISO 15022 classifier for corporate actions involving information provided by the issuer having no accounting/financial impact on the holder
C. ISO 15022 classifier for corporate actions that involve distribution of a dividend to shareholders with a choice of benefit to receive
D. ISO 15022 classifier for corporate actions that involve the exchange of outstanding securities, initiated by the issuer which may include options, as the result of two or more companies combining assets, that is, an external, third party company

Answer: ISO 15022 classifier for corporate actions that involve distribution of a dividend to shareholders with a choice of benefit to receive