A regional insurance provider requires a written "need to acquire" declaration before approving any software purchase. What specific elements does that declaration list? (Choose 3)

An assurance case provides evidence and arguments that the software will meet its security and safety requirements, which is crucial for risk management in an acquisition.

While estimated total lifecycle cost is a critical financial consideration for any acquisition, it is usually part of the documented business case rather than a standalone element listed directly in a "need to acquire" declaration's primary elements, which focus more on strategic justification and scope.

A documented business case articulates the strategic rationale, financial justification, and expected benefits of acquiring the software, demonstrating its value to the organization.

Defined product scope and boundaries clarify what the software will and will not do, establishing clear expectations and preventing scope creep during and after acquisition.