Interactive budgeting models: A simulation tool for mis education

TY - JOUR

T1 - Interactive budgeting models

T2 - 6th Winter Simulation Conference, WSC 1973

AU - Mock, Theodore J.

AU - Vasarhelyi, Miklos A.

N1 - Publisher Copyright: © 1973 Proceedings - Winter Simulation Conference. All rights reserved.

PY - 1973/1/1

Y1 - 1973/1/1

N2 - A relatively new and innovative educational approach in graduate information systems is discussed. The thrust of the approach is to have student groups design computer-based simulations of the budgeting processes of a firm in the form of an interactive budgeting model. These are applied to the areas of financial planning, control and managerial decision making. Several different approaches were suggested to and adopted by students as main design philosophies including modular planning and a matrix accounting system. The various implemented systems are described and their features are classified.

AB - A relatively new and innovative educational approach in graduate information systems is discussed. The thrust of the approach is to have student groups design computer-based simulations of the budgeting processes of a firm in the form of an interactive budgeting model. These are applied to the areas of financial planning, control and managerial decision making. Several different approaches were suggested to and adopted by students as main design philosophies including modular planning and a matrix accounting system. The various implemented systems are described and their features are classified.

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U2 - 10.1145/800293.811616

DO - 10.1145/800293.811616

M3 - Conference article

SN - 0891-7736

SP - 657

EP - 676

JO - Proceedings - Winter Simulation Conference

JF - Proceedings - Winter Simulation Conference

Y2 - 17 January 1973 through 19 January 1973

ER -