/FIPS=74
  /NOFIPS  (D)

  Supports the Federal Information Processing Standards Publication
  21--1 (FIPS-PUB 21--1), issued by the U.S. National Bureau of
  Standards, interpretation of file status.

  FIPS-PUB 21--1 specifies that a file status of 10 be returned when
  reporting at end conditions. The /FIPS=74 qualifier returns a file
  status of 10 when reporting at end conditions.

  The following table compares the file status values that are
  returned when you use or do not use the /FIPS=74 qualifier.  Note
  that these at end file status values apply to any file organization
  accessed sequentially.

   __________________________________________________________________
                          FILE STATUS VALUES
   __________________________________________________________________
                                              /FIPS=74   /NOFIPS
   __________________________________________________________________
   The file has no next logical record.          10        13
   An optional file was not present.             10        15
   The program did not establish a valid         10        16
   next record.
   __________________________________________________________________

  The default, /NOFIPS, ensures version to version compatibility
  for COBOL.

  The /FIPS=74 and /NOFIPS qualifier only apply when you also specify
  /STANDARD=V3.