Yes, you can set the correction to read out as clicks or mils. Set up as EU and 10 the reading will be in meters and correction will come out as clicks. Set up as Doug indicated using US and 10mm you get readings in yards and corrections in mils.

The difference in using EU vs US setting just adds the decimal point.
For example in EU mode the correction may read 22 (clicks) where as US mode will read 2.2.