Which of the following statements is true?

Statement I is true, as test planning activities include defining the test object, which is the component or system to be tested. Statement II is false, as test strategy implementation is part of test planning and involves defining the test approach and test levels to be applied. Statement III is true, as test design activities include choosing appropriate test techniques to derive test cases from test conditions. Statement IV is true, as test planning activities include defining and updating the test schedule and exit criteria throughout the project lifecycle. References: ISTQB Certified Tester Foundation Level Syllabus 2018, Section 2.1