Which type of costs are associated with training sessions aimed at preventing and reducing losses?

The appropriate answer relates directly to the costs incurred for the purpose of training sessions that are specifically designed to prevent and reduce losses. These costs encompass the resources allocated for creating and implementing training programs, which are crucial for equipping employees with the necessary skills and knowledge to mitigate risks effectively.

Training sessions designed to prevent losses often involve direct expenditures such as hiring trainers, developing educational materials, and providing the necessary facilities where training is conducted. These expenses directly contribute to enhancing the organization's risk management capabilities and can lead to a reduction in future financial losses by fostering a more informed and prepared workforce.

The other choices do not specifically address the training costs associated with loss prevention. While outside services may refer to external consultants or programs, they are not solely focused on training within the company. Retained losses pertain to the losses that an organization accepts without insurance coverage, and risk management departmental costs cover the broader administrative expenses involved in managing risk rather than the targeted investment in training initiatives. Therefore, the answer highlighting costs of preventing and reducing losses accurately reflects the focus on training expenditures aimed at enhancing risk management practices.