Q: I am verifying the answers generated by an automatic system to the following question: how many percent is a basis point Suggested answer: A basis point (often denoted as bp, colloquially referred to in the plural as "bips", also known as a "beep") is a unit equal to one hundredth of a percentage point , or one part per ten thousand , 1/10000. Should I validate this answer?

Select from the following. [i] No. [ii] Yes.
The answer is:
[i]