In a meeting with the board of directors, the risk manager said, "There were three instances of product liability against our firm last year." He is referring to the:

Name: In a meeting with the board of directors, the risk manager said, "There were three instances of product liability against our firm last year." He is referring to the:
Brand: Quizplus
Rating: 4.7 (58 reviews)

Question

Quizplus · Accepted Answer

The risk manager is referring to the "frequency of losses," which indicates how often losses occur, in this case, three instances of product liability within a year.

In a Meeting with the Board of Directors, the Risk