Which statement relating to workers' compensation insurance is not true?
A) 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.
B) It is compulsory for all employers to obtain this cover.
C) The premium is deducted from employees' salaries and wages.
D) The premium is based on a percentage of the total wages and salaries bill for the coming year.
Correct Answer:
Verified
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A)
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A) debt
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