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

Which of the following definitions best describes the instance 'ISO 17442 code set'?

A. status indicating that as of the last report or update, the reporting legal entity reported that it is legally registered and/or operating, and that the relationship detailed in this relationship record is still valid
B. an accounting framework developed by the US Financial Accounting Standards Board (FASB)
C. the set of legal entity identifiers that comprise the ISO 17442 legal entity identifier specification
D. a qualifier indicating that the relationship period reflects the validity period for any regulatory filing, accounting document, other document demonstrating the relationship's validity

Answer: the set of legal entity identifiers that comprise the ISO 17442 legal entity identifier specification