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• W266493668 abstract "ABSTRACTThis study is based on surveys of student satisfaction of a management accounting simulation, used in a sophomore/junior-level managerial accounting course, required for all non-accounting business students. The simulation requires that students, in teams of three, make decisions to earn a profit for a hypothetical manufacturing firm over a simulated year. Students' simulation grades are based on the amount of net income earned by the team. Students can earn a maximum of 50 points out of 500 course points, plus possible bonus points. Instructors administer a survey each semester to determine student satisfaction with the simulation, as well as to determine whether students believe that they have a better understanding of the subject matter that had been discussed in class.In previous semesters, some instructors administered surveys on the last day of class, and some on the day of the final exam. This study was conducted to determine whether there is a difference in student satisfaction, depending on when the survey is administered. Results of a t-test show that for most items on the survey, there is a statistical difference. Specifically, students who completed the survey on the day of the final exam indicated more satisfaction with the simulation than those who completed it on the last day of class.INTRODUCTIONAt a regional university in the southeastern United States, a management accounting simulation is used in a sophomore/junior-level managerial accounting course, required for all non-accounting business students. The simulation (also referred to in this paper as the game) requires that students work in three-person teams to make decisions with the goal to earn as much profit as possible over a simulated year for a hypothetical manufacturing firm. The year is divided into four quarters for decision-making purposes. The game is not interactive; one team's decisions do not affect the results of any other team. However, the students do compete to earn a higher net income than their classmates. Simulation grades are assigned on the basis of cumulative four-quarter net income. The higher the net income, the more points the team earns, and vice-versa. In addition there are bonus points for the two highest ranking teams each quarter and at the end of the game.Not considering bonus points, students can earn a maximum of 50 points out of 500 course points, based on their cumulative net income for the four quarters. In previous semesters, students were required to submit decisions for each of the four quarters in order to earn any points. In other words, if a team did not submit decisions for each of the four quarters, it received a grade of 0 out of 50.Instructors administer a survey (described below) at the end of the semester to determine student satisfaction with the simulation. The instructors also want to know whether students believe that the simulation has helped in their understanding of managerial accounting, as discussed in class, and whether it helped in understanding other business courses and real world problems.PURPOSE OF STUDYRecently, the authors changed the requirements by making submission of fourth quarter decisions optional. Since there is a pre-determined grade scale based on cumulative net income, students who decide to stop after three quarters of play know exactly what grade they will receive. For example, if a team had a cumulative net income at the end of three quarters that provided a grade of 40 points, the team could accept those points and not submit another decision which would earn additional points. Students who elect to play a fourth quarter know the minimum grade they will receive by using that same scale. Students were told that in the past, playing the fourth quarter had always increased a team's game points and had never decreased the number of points from what the team had earned after three quarters.The purpose of the study was to determine whether student satisfaction differs depending on the timing of the survey. …" @default.
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• W266493668 date "2012-10-01" @default.
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• W266493668 title "The Effect of Timing on Student Satisfaction Surveys" @default.
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