Is there a way to query VCS to see if monitor timeouts are occurring?

Yep, I think you can achieve that using "hamsg" command...

Check out this technote from SYmantec

 

http://www.symantec.com/business/support/index?page=content&id=TECH20160

 

From VCS users guide:

Querying log data files (LDFs)

Log data files (LDFs) contain data regarding messages written to a corresponding English language file. Typically, for each English file there is a corresponding LDF.

To display the hamsg usage list

◆ Type the following command:
# hamsg -help

To display the list of LDFs available on the current system
◆ Type the following command:
# hamsg -list

To display general LDF data
◆ Type the following command:
# hamsg -info [-path path_name] LDF
The option -path specifies where hamsg looks for the specified LDF. If not
specified, hamsg looks for files in the default directory /var/VRTSvcs/ldf.

To display specific LDF data
◆ Type the following command:
# hamsg [-any] [-sev C|E|W|N|I] [-otype VCS|RES|GRP|SYS|AGT] [-oname object_name] [-msgid message_ID] [-path path_name] [-lang language] LDF

Querying VCS

-any Specifies hamsg return messages matching any of the specified query options.
-sev Specifies hamsg return messages matching the specified message severity Critical, Error, Warning, Notice, or Information.
-otype Specifies hamsg return messages matching the specified object type

■ VCS = general VCS messages
■ RES = resource
■ GRP = service group
■ SYS = system
■ AGT = agent

-oname Specifies hamsg return messages matching the specified object name.

-msgid Specifies hamsg return messages matching the specified message ID.
-path Specifies where hamsg looks for the specified LDF. If not specified, hamsg looks for files in the default directory /var/VRTSvcs/ldf.
-lang Specifies the language in which to display messages. For example, the value en specifies English and "ja" specifies Japanese.

 

Additionally you can also refer to man pages of "hamsg" command...

 

Gaurav