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The cost analysis of an accident is an important aspect of safety management, helping organizations understand the financial impact of accidents and motivating them to implement effective safety measures. Various approaches are used to analyze the costs associated with accidents, and these can be broadly categorized into direct costs, indirect costs, and societal costs. The direct cost approach focuses on the measurable expenses that arise directly from an accident. These include medical expenses, compensation to the injured workers, repair or replacement of damaged equipment, cost of investigation, legal fees, and administrative expenses related to the accident. Direct costs are typically easy ______ _________ __________ ____ _____.
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