To answer this question, the user needs to understand the concepts of software verification and validation. Software verification is the process of evaluating a system or component to determine whether it meets the specified requirements. Software validation is the process of evaluating software during or at the end of the development process to determine whether it satisfies specified requirements.

Based on the given options, let's go through each statement and evaluate whether it is true or false:

I. It strives to ensure that quality is built into software.

This statement is true. Software verification and validation programs aim to ensure that software quality is built into the development process. By verifying that the software meets the specified requirements and validating that it satisfies the user's needs, software quality is ensured.

II. It provides management with insights into the state of a software project.

This statement is also true. Software verification and validation programs provide management with insights into the state of a software project. By evaluating the software, the program can provide feedback on the software's quality and progress.

III. It ensures that alpha, beta, and system tests are performed.

This statement is false. While software verification and validation programs may include alpha, beta, and system tests, they do not necessarily ensure that these tests are performed. Instead, the program focuses on evaluating the software to ensure that it meets the specified requirements.

IV. It is executed in parallel with software development activities.

This statement is true. Software verification and validation programs are executed in parallel with software development activities. By verifying and validating the software throughout the development process, quality can be built into the software.

Therefore, the correct answer is:

The Answer is: C. I, II&IV.