Which of the following statements regarding BFD are correct? (Select 2 choices.)

BFD is designed to be protocol-independent and integrates with all major IP routing protocols, including Interior Gateway Protocols (IGPs) like OSPF, EIGRP, IS-IS, and Exterior Gateway Protocols (EGPs) like BGP, to provide faster failure detection.

A primary benefit and design goal of BFD is its ability to detect failures in the forwarding path significantly faster than traditional routing protocol hello timers, often achieving detection times in milliseconds (less than one second).

BFD's role is solely to detect forwarding path failures and notify the client routing protocol of the status change; it does not perform routing or rerouting actions independently to 'bypass a failed peer'.

BFD typically establishes a single session per forwarding path (or per neighbor) to monitor connectivity; this single BFD session can then be leveraged by multiple routing protocols operating over that same path, rather than creating a separate session for each protocol.

BFD is not limited to physical interfaces; it can be deployed over various interface types, including logical interfaces such such as subinterfaces, EtherChannels/Bundle-Ethernet interfaces, and some tunnel interfaces.

BFD consumes more CPU resources than typical routing protocol timers due to its frequent, sub-second packet exchanges for fast detection; this resource usage is a trade-off for its high-speed convergence capabilities.