What is the definition of the Annual Loss Expectancy?

A.
The Annual Loss Expectancy is the amount of damage that can occur as a result of an
incident during the year.

B.
The Annual Loss Expectancy is the size of the damage claims resulting from not having
carried out risk analyses effectively.

C.
The Annual Loss Expectancy is the average damage calculated by insurance companies
for businesses in a country.

D.
The Annual Loss Expectancy is the minimum amount for which an organization must
insure itself.