Accountants at Idle Time Gaming, Inc. work with state-of-the-art systems that create financial statements every day, but the int
erpretation and analysis of those statements can take several hours. The accounting department consists of financial, managerial, and tax accountants. One advantage of departmentalizing the accountants is:____________ A. for efficiency, the employees can coordinate work within the function.
B. for efficiency, their isolation helps them to become focused, narrow specialists.
C. for effectiveness, the camaraderie that emerges promotes "group think," which is always good for the business.
D. for effectiveness, specialized professionals should always be grouped together. It speeds up project completion.
<h2>One important advantage of the departmentalization of any functional area in any business organisation is that the specialized employees in the specific department can coordinate and work together in any particular project or function within the department.This can remarkably enhance work quality and improve employee performance in the organisation.Hence,the correct answer is option A. in this case.</h2>
Explanation:
Departmentalization of organisational departments essentially leads to specialization of organisational functions and activities.Such specialization should be supported and facilitated by proper coordination and teamwork of the respective employees.This can essentially lead to a better professional concentration and expert involvement which not only enhances the quality of departmental projects or activities but guarantees smooth and timely completion of the group projects within the respective departments.In this case,if the concerned financial,managerial and tax accountants can be grouped together according to their respective areas of specialization,it would lead to a better professional communication among the experts and develop a cooperative work environment.This is a crucial precondition for developing and maintaining a smooth and effective work coordination and flow within the respective employees in any business organisation.
FICA (<em>Federal Insurance Contributions Act</em>) tax is a mandatory deduction taken from employees' payment to cover elder American's Social Security and Medicare. It is a 12,4% deduction financed by two parts: half of that amount is taken from the worker's paycheck and the other half is paid by the employer.
