What term means the number of incidents, accidents, occurrences, or claims in a given time period?

What term means the number of incidents, accidents, occurrences, or claims in a given time period?

• A. Incident
• B. Exposure
• C. Frequency
• D. Loss

Answer: (C)

Frequency is about counting how often events occur within a defined time period. It directly represents the number of incidents, accidents, occurrences, or claims that happen in that span. In risk terms, it’s the tally of events over time, which lets you compare how often things occur across periods or populations. An incident is a single event, not the total count. Exposure refers to the amount at risk or the population/units being observed. Loss denotes the financial impact or cost, not how often events happen. So the term that best fits “the number of incidents, accidents, occurrences, or claims in a given time period” is frequency.

Frequency is about counting how often events occur within a defined time period. It directly represents the number of incidents, accidents, occurrences, or claims that happen in that span. In risk terms, it’s the tally of events over time, which lets you compare how often things occur across periods or populations.

An incident is a single event, not the total count. Exposure refers to the amount at risk or the population/units being observed. Loss denotes the financial impact or cost, not how often events happen. So the term that best fits “the number of incidents, accidents, occurrences, or claims in a given time period” is frequency.