American_Bankers_Association
CTFA · Question #319
Loss control is an activity that:
The correct answer is B. Lessens the severity of loss once it occurs. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
Loss control is an activity that:
Options
- AAvoid the act that would create loss
- BLessens the severity of loss once it occurs
- CLessens the severity of loss after its occurrence
- DNone of these
How the community answered
(18 responses)- A6% (1)
- B78% (14)
- C6% (1)
- D11% (2)
Topics
#loss control#risk management#severity reduction#insurance
Community Discussion
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