Absolutely, utterly wrong. PICs don't "use" EQU or CBLOCK or UDATA or any other term you might come across; those things are MPASM assembler directives, and they have very specific, rigorously defined meanings that you can easily find in the MPASM User Manual.Okay. So EQU is the way 16F84 does it and probably 16Cxx PIC's. 10F200 uses revised way. Got it!!
EQU is found on page 81 of the User Manual,
and it does EXACTLY what the manual says it does under section 4.27.2, no more and no less.
This stuff is really, REALLY easy to understand; all you have to do is RTFM!!!