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

Which of the following definitions best describes the instance 'ISO 15022 corporate action classification scheme'?

A. ISO 15022 classifier for corporate actions that involve redemption of an entire issue outstanding of securities prior to maturity
B. ISO 15022 classifier for corporate actions that involve booking out of valueless securities
C. ISO 15022 classifier for corporate actions that involve a dividend payment whereby holders can keep cash or have the cash reinvested into additional shares in the issuing company
D. scheme for classifying corporate actions according to ISO 15022 Securities - Scheme for Messages (Data Field Dictionary)

Answer: scheme for classifying corporate actions according to ISO 15022 Securities - Scheme for Messages (Data Field Dictionary)