The correct answer is the level of confidence that software is free from vulnerabilities and functions as intended. Software assurance relates to the belief that software is secure and reliable, based on evidence from development practices, testing, and verification activities.
Testing software for functionality and performance is part of quality assurance, which is related to but different from software assurance. Software assurance specifically focuses on security aspects rather than general functionality.
Certification that software meets regulatory compliance requirements may be one outcome of a software assurance program, but compliance is only one aspect of software assurance and doesn't necessarily ensure the software is free from vulnerabilities.
Guaranteeing that software will never experience security breaches is unrealistic. No software can be guaranteed completely secure against all possible current and future threats. Software assurance is about gaining confidence through appropriate practices, not providing absolute guarantees.
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ISC2 CISSP
Software Development Security
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