Assumptions, Scope and Limitations and Definition of Terms

Assumptions
1. That majority of the students find the retention policy as a burden and pressure while studying.
2. There are only a small percentage of students who considers the retention policy as a challenge and motivation.
3. That the retention policy in the accountancy course is very hard in the part of the students.
4. That because of the retention policy most of the students have sacrificed most of their time in order to focus on the subject.
5. That because of the retention policy, students tend to less prioritize minor subjects to focus in their major subject.
Scope and Limitations
This study focuses in determining the effects of retention policy to the students of science in accountancy. Its focus is to determine the impact of retention policy on a student academic performance. The study is limited only to selected students of Bachelor of Science in accountancy of the University of the East, manila campus.

Significance of the study
This study aims to evaluate thoroughly the retention policy and to identify the effects of its implementation to the students. This study is important to the following:
For the upcoming BSA students, that they will have an expectation on the course and be aware about the retention policy. To be prepared for the different challenges they can face in the subject matter. For them also to know with the policy that is being implemented. This will also be a guide to know the ways on how to mountain their grades
For the present BSA students, that they will be more inspired in studying and to maintain a high grade in order to meet the retention policy.
For the professors, that they use more effective strategies in teaching that can help the students to be more devoted in their studies and be interested in every topic. This will also show the things truly matters while teaching BSA students.
For the administration, that they implement more effective retention policy and for them to see the outcome of the retention policy to the students. This will also serve as an idea in making the retention policy comply with the capacity of the students.
For the future researchers, that they will have ideas and information on how to conduct a proper study regarding the policy being implemented. This will also show them the different outcomes in studying the topic.

Definition of terms

Accountancy. This is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in selecting the information that is relevant to the users and reliable.

Retention policy. This word is a formulated guideline, which requires students to meet the obtaining grade in their discipline.

The Bachelor of Science in accountancy (BSA). This prepares students for entry into a variety of fields in accountancy, including corporate accounting, accounting information systems, and governmental accounting, as well as entry into graduate programs such as law. It also equips students with basic and advances accounting concepts, principles and procedures.

Bachelor of Science. This means undergraduate academic degree awarded for a completed course that generally last three to five years.

General weighted average (GWA). This is the average of grades in all subjects taken, whether passed or failed. It is the result of combining the performance rating based on the screening criteria or subject. It serves as the indicator of a student’s academic performance in a given semester or school year.

Input. This term denoting either an entrance or changes which are inserted into a system and which activate/ modify a process.

Output. This is the term denoting either an exit or changes which exit a system and which activate/modify a process.

Process or processing. This typically describes the action of taking something through an established and usually routine set off procedures or steps to convert it from one form to another, such as processing paperwork to grant a mortgage loan, processing milk into cheese, or converting computer data from one form to another. A process involves steps and decisions in the way work is accomplished.

Questionnaire. This is a research instrument consisting of a series of questions and other prompts for the purpose of gathering information from respondents.