2021 HKDSE Business, Accounting and Financial Studies

2021 HKDSEBUSINESS, ACCOUNTING AND FINANCIAL STUDIES

Paper 1

Section B Part 1

1

Paper 1B: Question 1

2

Marking SchemePaper 1B: Question 1

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它在其他國家營運(必須提及香港或在多過一個國家營運)

有限公司

披露公司資料 (必須提及財務資料)

投票權被沖淡

較高稅率

公司需派發股息

4

Paper 1B Question 1a Sample 1 Eng

Candidate was able to explain the business is a multinational corporation.

5

Paper 1B Question 1a Sample 2 Chi

它在其他國家營運(沒有提及香港, 必須提及在多過一個國家營運)


6

考生能解釋該企業是一間跨國公司

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Paper 1B Question 1b Sample 1 Eng

‘Dilution of control’ was well-explained.

Why disclosure of financial informationis an disadvantage? More explanation is needed.

Paper 1B Question 1b Sample 2 Chi

8

恰當解釋要披露財務資料所帶來的影響

壓力增加並非缺點


9

公布財務報表有何壞處？

恰當解釋了為何公司的控制權會被削弱


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Marking NotesPaper 1B: Question 2

常見錯誤

2a(i)

反映香港的經濟表現

反映於香港上市的股票的整體趨勢 (價格?)

股票的價格 (整體?)

2a(ii)

評估香港經濟表現

預測香港股市表現

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未有針對題目資料

Marking NotesPaper 1B: Question 2

常見錯誤

2b

沒有解釋股價上升的原因，如公司酒店及商場生意額上升或利潤會增加

多了境外人到港買樓

2c

列出投資者的責任而非權利，例如：檢查股票帳戶及交易文件／了解合約條款

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Paper 1B Question 2aSample 1 Eng

Unable to state what the Hang Seng Index reflects→ The general price level of the shares listed in Hong Kong

Correct use of the Hang Seng Index.

Paper 1B Question 2aSample 2 Eng

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Candidate stated correctly that Hang Seng Index reflects the general price level of the shares listed in Hong Kong

Candidate should explain more specifically how Jenny can use the HSI to make her investment decision.

Paper 1B Question 2aSample 3 Chi

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恆生指數可反咉整體香港股價水平

考生指出了恆生指數如何協助作投資決定

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Paper 1B Question 2aSample 4 Chi

未能指出恆生指數反咉什麼→應指出其反映整體香港股價水平

未能解釋恆生指數如何協助作投資決定

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Paper 1B Question 2bSample 1 Eng

• Stated correctly how the share price is affected. • However, the candidate failed to explain clearly how the profit would be increased based

on the case information, e.g. the occupancy rate of hotels will increase

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Correctly stated that the share price will increase.

Should state that the share price will increase because more investors will buy the shares of the company.

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Paper 1B Question 2bSample 3 Chi

考生能以個案正確解釋政策會令商場及酒店入住率上升，令更多投資者投資公司，終令股價上升。

Paper 1B Question 2bSample 4 Chi

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正確指出政策如何讓公司收入增加，最終讓股價上升。但考生應解釋股價上升是因投資者看好公司前景而投資公司股票。

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Paper 1B Question 2cSample 1 Eng

This is the responsibility, instead of the right of a share investor.

Annual General Meeting?

23


Correctly listed the right of a share investor.

A share investor of a listed company cannot take part in the decision-making process of the company.

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Paper 1B Question 2cSample 3 Chi

考生能正確列出股票投資者的兩項權利

Paper 1B Question 2cSample 4 Chi

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考生未能指出對中間人的行為失當作出投訴。

正確列出股票投資者的權利


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(租金)

(銷貨收益)

Marking NotesPaper 1B: Question 3a

• 借方及貸方內摘要欄中的帳戶名稱及金額完全正確➔ 1 分

• 只接受題目提供的帳戶名稱

• T字形帳戶如欠缺中間的直線➔ 0 分

• 如考生編制了多於兩個帳戶，只批改第一及第二個帳戶 (從左至右，上至下)

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(租金) (銷貨收益)

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Paper 1B Question 3a Sample 1 Eng Many candidates were able to

prepare the two nominal accounts correctly and complete the double entries in the corresponding sides of each account.

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Paper 1B Question 3a Sample 2 Eng

Some candidates failed to identify the nominal accounts in the question.

The third account would not be marked.

1st 2nd

3rd


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考生未能準備正確帳戶

考生未能正確地在帳戶中的借方記錄交易資料

Marking NotesPaper 1B: Question 3b

謝富財務狀況表

2021年4月30日(摘錄)

$

流動負債 / 減：流動負債 1

銀行存款 / 銀行透支 4 000 / (4 000) 1

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謝富財務狀況表

2021年4月30日(摘錄)

$

流動資產 0

銀行存款 (4 000) 1

銀行存款 4 000 0

銀行透支 (4 000) 1

銀行透支 4 000 1

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Paper 1B Question 3b Sample 1 Eng

• There is no need to prepare the whole statement of financial position.

• ‘Current Liability’ was correctly indicated.

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Candidate was failed• to categorize the bank overdraft as “current liabilities”.• to present the overdraft amount in a correct way.


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• 考生能夠計算出正確的銀行透支金額，並能將之歸類為「流動負債」。• 於流動負債的分類下，「銀行存款」及「銀行透支」均可接受。


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考生能夠計算出正確的銀行透支金額，但未能將之歸類為「流動負債」。

Marking NotesPaper 1B: Question 3c

✓東主的私人交易不應記錄在企業的帳冊內

✓不應把用作私人用途的汽車記錄在公司帳冊內

不接受答案:

答案有取消所作的借記及貸記紀錄的意思

不應記作公司的資產及負債 (沒有包括其他所有帳戶類別的意思)

應記作提用

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Candidates were able to identify the accounting concept correctly and explained the concept with detailed elaboration.

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Correct identification of accounting concept.

Candidate:• wrongly identified the transaction as “Drawings”• only stated that the motor car should not be recorded as asset, without

mentioning that “no entries should be recorded”

Paper 1B Question 3c Sample 3 Chi

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考生• 能夠正確指出個案中違反的會計原則• 未能完整地解釋這個概念的含義，包括「企業與東主是不同的個體」及「東主的私人交易不應記錄在企業的帳冊內」

Paper 1B Question 3c Sample 4 Chi

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考生• 能夠正確指出個案中違反的會計原則• 未能完整地解釋這個概念的含義，包括「企業與東主是不同的個體」及「東主的私人交易不應記錄在企業的帳冊內」

• 錯誤地將交易歸類為「提用」

End of Paper 1 Section B Part 1

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2021 HKDSEBUSINESS, ACCOUNTING AND FINANCIAL STUDIES

Paper 1

Section B Part 2

44

Paper 1: Question 4

45

Paper 1: Question 4

46

Marking SchemePaper 1: Question 4

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48

Marking NotesPaper 1: Question 4a

– Must present the answer in the form of X:1

– Round to 2 decimal places

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Paper 1 Question 4a Sample 1 Eng

Wrongly deducted the current liabilities from the nominator

• Correct figure• 2 decimal places

51

Paper 1 Question 4b Sample 1 Eng

• Unclear interpretation of the acid test ratio• How about working capital ratio?• Current assets tied up in inventory?

Paper 1 Question 4b Sample 2 Eng

Should compare with the industry averages, instead of the ruleof thumb of 2:1 or 1:1

Paper 1 Question 4b Sample 3 Chi

沒有提及企業流動資產很大比例束縛在存貨

Marking NotesPaper 1: Question 4c(ii)Advantage Elaboration

create coherence among employees to achieve the same objectives

effectively

to ensure all departments are

moving towards the same goal

to enhance morale

to reduce wastage of resources /

save time and resources

avoid conflicts and confusions among

different departments

build up team spirit

avoid deviation from plan

reduce duplication of tasks

Do not accept better communication, clear objectives and less confusions at work from the view of an employee

(commonly found in elaboration for MBO)

Award one mark for the advantage and another one mark for relevant elaboration stipulated on the right-hand side of

the table.

One elaboration should serve no more than one advantage provided.

(2 marks for each advantage, max. 4 marks)

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Candidate should relate the answer to the question.

Paper 1 Question 4c Sample 1 Eng

Advantage

Elaboration

Elaboration only, without stating the advantage explicitly


Focused on employees insteadof the whole firm

Paper 1 Question 4c Sample 3 Chi

同一闡釋不可重用!

Paper 1 Question 4c Sample 4 Chi

解釋好處

1

2

Paper 1: Question 5

59

Paper 1: Question 5

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Marking NotesPaper 1: Question 5a

– Vertical format of the income statement is recommended as horizontal format is rarely used in reality

– Presentation with proper and clear format

✓ right heading (Income statement for the month ended 30 April 2021)

✓ dollar sign

✓ double-underlined the net profit figure

◆ proper indication of subtraction (Less: expenses)

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Presentation 0.5 mark

64


Wrong heading!

Correct Gross Profit

If showing just net sales, 0.5 mark

65


Double-underlined


Less:

Less: Cost of goods sold

Less:

Less:

Double-underlined

Paper 1 Question 5a Sample 3 Chi

這是銷貨運費

Paper 1 Question 5a Sample 3 Chi

Paper 1 Question 5b Sample 1-4

這並非損益表對政府的用處

Tax liability, not tax rate

Sample 4

Sample 1

Sample 3

Sample 2


• Must show the line linking the GM to the three managers.

• Accept Chief Executive Officer, President, Vice President, Director as

an alternative to General Manager, but not the name of the company.

Paper 1 Question 5c – Sample 2 Eng

Should be GeneralManager, CEO, etc

Paper 1 Question 5c – Sample 3 Chi

主管名稱不恰當

Paper 1 Question 5c – Sample 4 Chi

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Paper 1 Question 5d Sample 1 Eng

Example

Function

Paper 1 Question 5d Sample 2 Chi

?

?

Paper 1 Question 5d Sample 3 Chi

組織關係不正確

混淆職權及工作

End of Paper 1 (Part 2)

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Documents

2021 HKDSE Business, Accounting and Financial Studies