The PROGRAM-ID paragraph identifies a program.

  Format -

   PROGRAM-ID. program-name [IS {| INITIAL |} PROGRAM ][WITH IDENT id-str].
                            [   {| COMMON  |}         ]

1  –  program-name

  identifies a COBOL source program.

2  –  id-str

  identifies a literal string to be included in the object module
  generated by the compilation, for identification.