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Exception events indicate what regarding established norms?

  1. Normal operations are to be continued

  2. That a financial review is due

  3. That a breach has been identified and requires action

  4. That no immediate action is needed

The correct answer is: That a breach has been identified and requires action

Exception events signify that there has been a deviation from established norms or standards within an organization. When an exception event is identified, it indicates that a breach has occurred, whether it's related to service quality, operational processes, security, or compliance. This breach requires immediate attention and action from the responsible parties to address the underlying issues and mitigate risks. In the context of ITIL 4, recognizing exception events is critical for maintaining service quality and for the overall management of IT services. By addressing these events promptly, organizations can prevent potential escalations into larger problems, thereby ensuring continuous improvement and the delivery of dependable services. The other options reflect scenarios that do not adequately address the implications of an exception event. For instance, stating that normal operations are to be continued misrepresents the urgency and seriousness of an exception. Similarly, indicating a financial review or that no immediate action is needed does not align with the proactive approach demanded by exception events. Thus, the essence of exception events is their role in signaling a need for intervention to realign operations with strategic objectives and standards.