Please help on Payroll fundamentals. thanks

1.true or false: the purpose of Worker's Compensation is.

To provide compensation for loss of wages and other benefits. In the event of a work related accident from the employee's perspective. Answer: _______

to act as a body for accident and injury reporting only. Answer:________

2.What two different premiums are applied when calculating Worker's Compensation rates.

3.True or false: self-insured employers must contribute to the accident fund with regard to

Worker's Compensation. Answer________

4.When setting the rate for Worker's Compensation for an individual company, what is the criteria used. Answer:____________________________