Multiple Choice
Which statement relating to workers' compensation insurance is incorrect?
A) The premium is deducted from employees' salaries and wages.
B) It is mandatory for all employers to obtain this cover.
C) The premium is based on a percentage of the total wages and salaries bill for the coming year.,
D) It relates to an insurance scheme, imposed by law, whereby the employer purchases insurance which may be used to compensate employees for job related injuries and loss of wages.
Correct Answer:
Verified
Correct Answer:
Verified
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