What are the characteristics of a good risk indicator


Question: What are the characteristics of a good risk indicator? Not costly to collect, complex, measured consistently, allows comparison over time and across the organization Not costly to collect, intuitive, measured consistently, allows comparison over time and across the organization Not costly to collect, complex, measured uniquely for each business unit, allows comparison over time and across the organization Not costly to collect, intuitive, measured uniquely for each business unit, allows comparison across the organization but not over time

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