Correct Answer: B
Checklist-based testing, as defined in the ISTQB CTFL syllabus, is indeed a review technique used within formal review processes. During these reviews, reviewers individually inspect work products to identify defects based on predefined checklists. These checklists serve as guidelines to ensure thorough examination and to cover important aspects consistently.
The other options do not accurately describe the checklist-based testing technique. Option A describes a technique for managing review meetings rather than the checklist-based testing itself. Option C incorrectly emphasizes the level of detail in checklists as a factor in reproducibility of test cases, which is not the primary focus of checklist-based testing. Option D, while true about the necessity of periodic review, is not the core aspect of the checklist-based testing technique itself.