What is the function of the audit events component?

The function of the audit events component is to record system events. This is crucial for maintaining visibility and oversight of the operations within a system. By capturing data on what events have occurred, such as user actions, system changes, and security incidents, the audit events component helps in tracking the behavior of the system and identifying any anomalies or potential issues.

Recording system events also plays a vital role in compliance and security auditing. It allows organizations to review logs for accountability, analyze incidents after they occur, and ensure that system operations align with regulatory requirements and internal policies. This creates a comprehensive audit trail that can be reviewed and investigated as necessary, fostering transparency and trust in the system's integrity.

While the other options describe various components of system functionality, they do not specifically address the focus of the audit events component, which is centered on documenting and maintaining a record of events for future reference and auditing purposes.