The only software standard that I'm reasonably familiar with is https://en.wikipedia.org/wiki/IEC_62304 which is specific to Medical Devices. In a 62304-compliant project, we might be able to do something like your example, but it could take a while. OTOH, I'm told that my Aviation counterparts following DO-178 would almost certainly be able to do something comparable.

It is going to be very industry dependent, where "industry" means aviation, or maritime, or railroad, or Healthcare, etc... Just "software" is too general to be meaningful these days.