I. Helps to check the Quality of the built product. II. It helps to check that we have built the right product. III. Helps in developing the product. IV. Monitoring tool wastage and obsoleteness.
Verification is the process of assurance whereby a company or an individual makes sure that the product is of standard quality. Hence, verification helps to check the quality of the product during its building process. However, it does not mean that verification will be able to check the quality once the product is already built.
It does not help in the development process because it is not associated with that part of the manufacturing. Moreover, it does not monitor tools so it is not associated with the editing part. There is a lot of confusion about verification checking either the production process or the finished product.
Evaluating the options:
a) Option a: The quality of the product can be checked only after building it.
Verification is a cycle before completing the product.
b) Option b: Verification checks that we have built the right product.
c) Option c: it does not help in developing the product
d) Option d: it does not involve monitory activities.
So, the answer is B