Exam DISC-RM Practice Question 229
Study guide: Exam DISC-RM
An employer's U.S. workers compensation policy was written on estimated payroll of $1,500,000, all in a clerical classification with a rate of $0.30 per $100 of payroll. The final audit finds actual payroll of $1,600,000, of which $400,000 was paid to employees who load trucks in the warehouse, a classification rated at $4.20 per $100. What is the audit adjustment?
- A) Additional premium of $300
- B) Additional premium of $15,900
- C) Additional premium of $16,800
- D) Additional premium of $20,400
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