What does IT system availability refer to, and why is it signicant for businesses? Group of answer choices The amount of time a computer system is operational; it is crucial for managing IT systems efficiently. The degree to which an IT system, application, or service is operational and accessible; it is important for maintaining customer trust, meeting regulatory commitments, and preventing financial losses and reputation damage. The average time between a computer system's breakdowns or failures; it is essential for measuring system reliability. The average time it takes to repair a computer system after a failure; it is critical for minimizing downtime and ensuring operational efficiency