Which of the following statements is true?

Option A is poorly phrased; it is partially correct but vague in structure.

Option B is incorrect as assets do represent potential or actual value.

Option C is accurate— assurance involves ongoing monitoring and evaluation to verify systems, processes, and asset behavior meet expectations.

Option D contradicts ISO 55001, which mandates top-level leadership commitment.

Exact Extract from IAM – Asset Management: An Anatomy (v4), Section 1.4.4 – Assurance:

"Assurance is achieved through the combination of monitoring, review, and auditing processes that ensure assets, systems, and outcomes are operating as intended."