Which of the following is true about converting a sequential program into a parallel one?

It is fair to judge a parallel algorithm's performance based on the fastest sequential algorithm for solving the same problem on a single processing element.

When a parallel computer is used, it is natural to use the parallel algorithm that solves problems in the least amount of time.

More than one parallel algorithm may be available for a given problem, but all algorithms may not be equally suitable for serialization.

It is fair to judge a serial algorithm's performance based on the fastest sequential algorithm for solving the same problem on a single processing element.