___________ is any activity that lessens the severity of loss once it occurs.
A)Loss control
B)Loss prevention
C)Risk control
D)Risk avoidance

Question

___________ is any activity that lessens the severity of loss once it occurs. ​
A)Loss control
B)Loss prevention
C)Risk control
D)Risk avoidance

Quizplus · Accepted Answer

Loss control refers to the steps taken to minimize the impact of losses that have already occurred or risks that cannot be completely avoided. It includes activities such as damage control, contingency planning, and insurance coverage.

___________ Is Any Activity That Lessens the Severity of Loss