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The cost analysis of accidents is an important aspect of safety management, as it provides a clear understanding of the financial implications of unsafe practices and the value of accident prevention. From the perspective of safety philosophy and the principles of accident prevention, analyzing accident costs helps to emphasize that every accident is avoidable and that prevention is far more economical than dealing with the aftermath. Various approaches have been developed to analyze these costs, and each approach offers a different level of detail and usefulness depending on the situation. One commonly used approach is the direct and indirect cost method. Direct costs are those that can be immediately identified, such as medical expenses, compensation paid to injured employees, repair or replacement of damaged equipment, and insurance claims. Indirect costs, on the other hand, are often less obvious but potentially more significant. These include _______ _________ ______ ________ ____ ________ ____ __________ _________ ________.
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