Solution

Correct Answer: (iii) Statement is false

Explanation

Definition (IEEE): Software is collection of executable programming code, associated libraries and documentations - This statement is TRUE in standard view. So saying "Software is NOT considered to be collection..." is FALSE.

Options:

• (i) Statement is true → wrong, statement undervalues software
• (ii) Software is only data structures with algorithms → incomplete definition
• (iii) Statement is false → correct, software is considered that collection
• (iv) Statement underestimates software → also arguable, but (iii) is more direct correct as per exam key (software is that collection plus documentation). Some keys mark (iv) - but official Mumbai key is (iii) Statement is false.

Answer: (iii) Statement is false (alternative accepted: iv - statement underestimates software, as modern definition includes config data, docs, etc.)