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ESTABLISHMENT OF A WATER SPORTS FACILITY IN ANDA, BOHOL:

A FEASIBILITY STUDY

A thesis

Presented to:

The FACULTY OF THE College of Business and Accountancy

UNIVERSITY OF BOHOL

In Partial Fulfilment

Of the Requirement for the Degree of

Bachelor of Science in Accountancy

Heide O. Apa-ap

Mariz O. Caduyac

Jevan Ellazo

Mercy P. Lumanas

Celso A. Muring

Jhon Rey A. Teves

March 2020
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APPROVAL SHEET

In partial fulfilment of the requirements for the degree of Bachelor of Science in

Accountancy, this proposal entitled, “ESTABLISHMENT OF A WATER SPORTS
FACILITY: A FEASIBILITY STUDY”, prepared and submitted by HEIDE O. APA-AP,
MARIS O. CADUYAC, JEVAN ELLAZO, MERCY P. LUMANAS, CELSO A. MURING, and
JHON REY A. TEVES has been examined by the thesis committee and is recommended
for acceptance and approval for oral examination.

MR. FRANCIS BUTAL, MSBA, REB

Adviser

Approved by the EXAMINING TRIBUNAL at the oral examination conducted on

____________________________ with a grade of _____________________________.

MARIE FRANCES MACABENTA, PhD., BM, MBE, MPA

Chairman

ATTY. JOHN REY B. RODRIGUEZ, CPA

Member

Accepted and approved as partial fulfilment of the requirements for the degree of
Bachelor of Science in Accountancy.

Comprehensive Examination _____________________, __________________.

MR. CESARIO O. EDULAN, CPA, MSBA

Dean
College of Business and Accountancy
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ACKNOWLEDGEMENT

The researchers would want to express their gratitude to Francisco J. Butal for
sharing his knowledge as thesis adviser and to Dr. Marie Frances Macabenta, Business
Research 1 Instruction, for communicating her proficiency to her students. Also,
immeasurable appreciation is also owed to the researchers’ parent for their endless
support to their children, financially and morally.

And, to our Almighty God for the gift of wisdom, for guiding and showering His
blessings beyond prayers to the researchers. This study could not have been possible
without the enormous power and the love of the Lord.

Finally, to each researcher who were so dedicated to finish this study. And willing
cooperated and shared positive collaboration in making this study possible.

The Researchers
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TABLE OF CONTENTS

TITLE PAGE II

APPROVAL SHEET III

ACKNOWLEDGEMENT IV

TABLE OF CONTENTS V

THE PROBLEM AND ITS SCOPE 1

Introduction 1

Rationale 1

Review of Related Literature 3

Review of Related Studies 10

THE PROBLEM 11

Statement of the Problem 11

Scope and Limitations 13

Significance of the Study 14

RESEARCH METHODOLOGY 15

Research Design 15

Research Environment and Participants 15

Research Instruments 17

Research Procedures 18

Ethical Procedures 18

Statistical Treatment of Data 18

DEFINITION OF TERMS 20

REFERENCES CITED 22

ANNEXES 28

ANNEX A Informed Consent Form 29

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ANNEX B Letter to the Dean 33

ANNEX C Letter to the Vice President for Academic Affairs 34

ANNEX D Letter Request for Panglao Statistical Record 35

ANNEX E Letter Request for Bohol Statistical Record 36

ANNEX F Letter of Intent 37

ANNEX G Survey Questionnaire 38

ANNEX H Interview Guide Questions for Panglao Tourism In-Charge 44

ANNEX M Interview Guide Questions for Bohol Tourism In-Charge 45