When querying activity license data should the date condition be based on the Initial Issue Date of the license or the Issue Date of the application job?

[pribbens]

e.g. in slide1_license_volumes_BL.sql:
Should it be this?
AND lic.InitialIssueDate >= '01-JAN-16'
AND lic.InitialIssueDate < SYSDATE
Or this?
AND ap.IssueDate >= '01-JAN-16'
AND ap.IssueDate < SYSDATE