____ are indicators or symptoms of actual risk events.

Question

Quizplus · Accepted Answer

Triggers are events or factors that indicate or suggest the occurrence of a risk event. They serve as an alarm that prompts risk managers or decision-makers to initiate risk mitigation measures to avoid or reduce potential losses. Signals and flags are often used interchangeably to refer to warning signs of risk events. Monitors, on the other hand, are tools or systems that track and measure risk exposures or performance indicators over time.

____ Are Indicators or Symptoms of Actual Risk Events