Easy quesiton 2 minutes done
Rose recently started working as a graduate accountant with Red Gum Accountants. Jasmin is a
senior at Red Gum Accountants and is mentoring Rose:
Rose and Jasmin spend their time provide accounting services to four clients of Red Gum
Accountants. Three clients are very profitable businesses but the fourth client is Olive Branch, which
is a charity that provides shelter for flood victims. Due to increased incidence of flooding. Olive
Branch is facing financial difficulties and may close one of its branches.
Red Gum Accountants requires its staff to complete time sheets that show how much time is spent
on work for each client. The time sheets are used for billing clients (e.g., if the time sheets show 100
hours of work for a client, that client will be billed, that is, charged fees for 100 hours of accounting
services).
Rose and Jasmin each spent 100 hours in July providing accounting services for Olive Branch, with
the rest of their time spent on small tasks for the other three clients. Rose completed her time sheet
accurately and showed it to Jasmin.
Jasmin said to Rose, "I recorded only 70 hours for Olive Branch on the time sheet and allocated the
rest to the other clients. It's my way of helping the charity. You should do the same. Our time sheets
should look similar as we work together on the same tasks."
Rose needs to decide whether to comply with Jasmin's request to record less time spent on Oliver
Branch and record more time spent on the other clients on the time sheet.
Required
Identify two individuals or groups who are stakeholders and their rights or the duties owed to
