Which 2 statements should be recorded under the Expected benefits heading?

The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.
Which 2 statements should be recorded under the Risk management procedure heading?

Which of the following statements are True:
1. Quality management is the complete set of quality standards, procedures and responsibilities for a site or
organization.
2. Quality planning is about defining products required of the project with their respective quality criteria,
methods and responsibilities.
3. Quality control focuses on the operational techniques and activities used to carry out quality inspections
4. Quality assurance ensures that quality methods are being correctly followed.

During stage 3, the team manager reports that the work to update the 'corporate quality procedures' has been completed and the product is ready to be delivered.
What should project assurance do next?

Which 2 statements apply to either the Extracts or references or Approval method sections?