Final answer:
The question pertains to exceptions in expected time frames for Operational Risk Reporting (ORR), likely in a business context. ORR involves managing and reporting operational risks within established deadlines. Exceptions may arise that necessitate deviation from these schedules.
Step-by-step explanation:
When discussing exception to ORR-expected time frames, it appears that the subject at hand is related to a business or administrative context, which involves Operational Risk Reporting (ORR). ORR generally establishes expected time frames for reporting potential risks within a business operation. Exceptions to these time frames may occur due to unforeseen circumstances or specific incidents that require deviations from the standard protocol. It is important for businesses to identify, manage, and report operational risks effectively to minimize their impact. An exception to ORR-expected time frames might require immediate attention and action to mitigate potential risks, thus altering the regular reporting schedule.