8.5.2

Case (adapted from abc.net.au) Court-imposed penalties against 7-Eleven operators have now topped $1 million, according to the Fair Work Ombudsman (FWO). A Brisbane-based man is the latest 7-Eleven operator to be penalised for short-changing workers and falsifying records to conceal the underpayments. The Federal Circuit Court ordered the owner to pay $28,000 in penalties, and his company JS Top Pty Ltd to pay $140,000. This litigation was commenced by the Ombudsman, which alleged the owner underpaid eight of his workers a combined $19,937. The owner admitted his company had paid flat hourly rates as low as $13 an hour, which is well below the minimum wage. Which Accounting Information System objective was not met by the Brisbane store? What practical solution would you suggest concerning the payroll system to prevent this from happening again? Case (adapted from abc.net.au) Court-imposed penalties against 7-Eleven operators have now topped $1 million, according to the Fair Work Ombudsman (FWO). A Brisbane-based man is the latest 7-Eleven operator to be penalised for short-changing workers and falsifying records to conceal the underpayments. The Federal Circuit Court ordered the owner to pay $28,000 in penalties, and his company JS Top Pty Ltd to pay $140,000. This litigation was commenced by the Ombudsman, which alleged the owner underpaid eight of his workers a combined $19,937. The owner admitted his company had paid flat hourly rates as low as $13 an hour, which is well below the minimum wage. Which Accounting Information System objective was not met by the Brisbane store? What practical solution would you suggest concerning the payroll system to prevent this from happening again