Which Statement Relating to Workers' Compensation Insurance Is Incorrect

question 10

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.

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