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

Which of the following definitions best describes the instance 'Committee on Uniform Securities Identification Procedures (CUSIP) scheme'?

A. national security identification scheme used to identify all stocks and registered bonds in the United Kingdom for the purposes of facilitating clearing and settlement of trades
B. security identification scheme that extends the CUSIP scheme, used to identify securities outside of the United States and Canada for the purposes of facilitating clearing and settlement of trades
C. national security identification scheme used to identify equity and debt securities in Switzerland, Liechtenstein and Belgium for the purposes of facilitating clearing and settlement of trades
D. national security identification scheme used to identify all North American stocks and registered bonds for the purposes of facilitating clearing and settlement of trades

Answer: national security identification scheme used to identify all North American stocks and registered bonds for the purposes of facilitating clearing and settlement of trades