Which of the following statements is true about annualized loss expectancy?

It is defined as the cost related to a single realized risk against a particular asset.

It is defined as the percentage of loss experienced by an organization when a particular asset is violated by a realized risk.

It is defined as the expected frequency of occurrence of a particular threat or risk in a singl e year.

It is defined as the yearly cost of all instances of a particular threat against a particular ass et.