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
Q20: Which of the following does not fit
Q21: Which statement relating to workers' compensation insurance
Q22: The following are employee benefits except for:
A)
Q23: Which of the following is not part
Q24: McTavish's regular and overtime gross pay combined,
Q26: The correct entry for the payment of
Q27: Which statement relating to sick leave is
Q28: True Blue Retailers provides a one year
Q29: Which of the following statements relating to
Q30: Hastings Star Company estimates that the amount
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents