Explain the theory of cost allocation

What will be an ideal response?


Workers' compensation is a costly concept. From the outset, one of the basic principles has been cost allocation. Cost allocation is the process of spreading the cost of workers' compensation across an industry so that no individual company is overly burdened. The cost of workers' compensation includes the cost of premiums, benefits, and administration. These costs have risen steadily over the years.

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If PLC rungs with BCD and comparison instructions do not produce the correct results, then first verify that the data from the process is correct by ________

A) Inserting a TND instruction B) Viewing the dialog boxes C) Inserting a SUS instruction D) None of the above

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