Trimester 3 2014/15
Case Study 4
Case Activity/Questions
The Mystery of Disappearing Oil
Instruction to Student
The student should have basic understanding & knowledge about management, internal controls and analysis of the financial statements. The students must critically evaluate and analyse the financial statements and other aspects of a petrol pump business.
Case Activity/Questions
The case activity is reach enough for a role play approach. Student divided into respective groups, with one group assuming the role of Mat Jon and his wife and the other group, assuming the role of Robert Leung. Then each group has to convince the other party to buy/sell the business to respond to the case questions as follows. The role played by each group has been assigned by the Lecturer. Therefore all groups prepare for role play. (3 groups on one side and another 3 groups on the other side) which group
Mystery Of Disappearing Oil
Requirement
Role Play
Role of
Mat Jon
Role of
Robert Leung
60 minutes + submitted report
Suppose Mat Jon and Puan Asmah opts to sell off the business to Robert. Assume the role of Mat Jon and explicitly describe the strengths of the business to convince Robert Leong to buy despite the weak financial position.
Assume the role of Robert Leung. What additional items of information would you request from Mat Jon to be able to make an informed decision on whether or not you should buy the business?
Prepare a report
1,2
3,4
40 minutes presentation + submitted report
Assume the role of Fuad, the accountant. What changes, if any, would you recommend, in the management of the petrol station, to Mat Jon? Why? Be as explicit as possible.
Prepare a report
5,6
These activities/tasks are to be carried out as a group work base on the group that has been assigned to individual student. Each group are required to answer all the following questions as part of the case question activities/tasks and submit a report base