Earlier quoted context omitted.
Yes, of course it does. It's strange to me that this can be asked.
Why? How far do you take this, do you inspect the inside of every single thing and program you use? Your microwave promises to heat your food at 800W for 1 minute, do you open it up and measure the magnetometer strength? Do you double-check the timer that it's accurate? You want a program that takes in A and returns B within X milliseconds, I deliver it to you. Do you spend the time going through the whole program li…
Being pedantic here, but the two scenarios mentioned have regulations as well with repercussions for those products not satisfying their base requirements, whereas a lot of software is the wild-west (I won't be prosecuted for my software not actually working, in most cases).