Which of the following are NOT the indirect cost of industrial accident? a. Time lost from work by…
In this classification, paperwork (d) and legal issues (e) are identified as direct administrative/legal costs rather than indirect productivity and equipment costs of an…
Choose your answer
Which of the following are NOT the indirect cost of industrial accident?
a. Time lost from work by injured employee.
b. Loss in earning power.
c. Damage to tools and equipment.
d. Paperwork.
e. Legal issues.
Answer and explanation
Correct answer C
In this classification, paperwork (d) and legal issues (e) are identified as direct administrative/legal costs rather than indirect productivity and equipment costs of an industrial accident, whereas time lost by the injured worker, loss in earning power, and damage to tools and equipment are treated as indirect costs.
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UGC NET HRM / Labour Welfare and Industrial Relations