Which of the following statements is TRUE in relation to the treatment of expected losses when calculating the risk-adjusted net profit of a firm? A. Expected loss has no impact on the risk adjusted net profit of a firm B. Expected loss is a normal part of doing business and therefore should be added back to the risk adjusted net profit of the firm C. Expected loss is another term for Value-at-Risk D. Expected loss only applies to the expected loss arising from credit exposures E. All of the above