2020 HKDSE

BUSINESS, ACCOUNTING AND

FINANCIAL STUDIES

PAPER 1
 Paper 1A
Multiple-choice questions

2
 Paper 1A
Multiple-choice questions

3
 Paper 1A
Multiple-choice questions

4
 Paper 1A
Multiple-choice questions

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Paper 1B Part 1
Paper 1B: Question 1

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 Marking Notes
Paper 1B: Question 1a

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 Marking Notes
Paper 1B: Question 1a

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Marking Notes Paper 1B: Question 1b

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 Paper 1B Question 1– Sample 1 Eng

Two correct SME contributions to the Hong Kong economy

have been mentioned

The candidate was able to identify the principle of effective

management adopted by Hi-Tech Company

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 Paper 1B Question 1 – Sample 1 Eng

(1) Described a relevant advantage, but should focus more on

‘better’ understand the objectives of the company’
(2) Relevant advantage – “better monitoring” has been
identified, but the elaboration should be related to ‘regular
meeting’.
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 Paper 1B Question1– Sample 2 Eng

Two SME contributions to the Hong Kong economy and the

principle of effective management correctly identified

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Paper 1B Question 1– Sample 2 Eng

Two advantages with relevant elaboration

clearly explained

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Paper 1B Question 1– Sample 3 Chi
考生只能指出中小企對香港經濟的其中一項貢獻

狹窄市場？

考生能正確地指出高科公司所採用的有效管理原則

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 Paper 1B Question 1 – Sample 3 Chi

考生只闡述相關解釋，未能明確指出「有助監察」這優點

考生只能列舉優點，但未能闡述相關解釋
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Paper 1B Question 1 – Sample 4 Chi

考生未能準確地指出中小企對香港經濟的兩項貢獻

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 Paper 1B Question 1 – Sample 4 Chi

考生能正確指出高科公司所採用的有效管理原則

(1) 考生未能清楚解釋員工能更了解公司目標這優點

(2) 考生僅能列舉第二項優點，但有溝通的機會並不代
表上司與下屬的關係必能改進
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Paper 1: Question 2

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 Marking Notes
Paper 1: Question 2a

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Marking Notes Paper 1: Question 2b

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Paper 1 Question 2a – Sample 1 Eng

Relevant explanation on TWO areas (i.e. “ability to repay loan” and

“liquidity”) which the bank will use to decide whether to approve
Chan’s firm’s loan.

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Paper 1 Question 2a – Sample 2 Eng

Relevant explanation on TWO areas (i.e. “ability to repay loan” and “liquidity”)
which the bank will use to decide whether to approve Chan’s firm’s loan.

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Paper 1 Question 2b – Sample 2 Eng
Correct accounting
concept was stated.

core point on
“within each
accounting period
and from one
period to another
should be the
same” is not stated.

No, with an
attempt of
explanation
This was an assumption made by the candidate only 24
Paper 1 Question 2a and b – Sample 3 Chi

正確指出相關的會計原則

能指出一貫原則的意思和陳氏商
號不應改變計值方法的原因
能指出兩個範疇相關的
解釋（償還債務的能力
和變現能力）

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Paper 1B: Question 3

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 Marking Notes
Paper 1B: Question 3a

(a) 銀行透支：
✓ 是一種短期貸款(短期貸款 / 貸款 / 負債)
✓ 從銀行戶口提取的金額較戶口結餘為高

不接受答案:
X 描述利率

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 Marking Notes
Paper 1B: Question 3b
(b) 理由：
✓ 可隨時使用:毋須每次申請/毋須等待貸款機構批核

✓ 彈性的還款安排/信用卡沒有固定還款期/私人貸款有固定
還款期: 可因應他的財務狀況而還款

✓ 在繳款期限前還款，毋須繳付利息

不接受答案:
X 毋需攜帶大量現金 X 安全
X 全球通用 X 可享優惠及折扣
X 利率高
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 Marking Notes
Paper 1B: Question 3c
(c) 財務需要：
✓ 為結婚而儲蓄
✓ 為教育而儲蓄
✓ 償還按揭貸款／購買家具的貸款

不接受答案:
X 支付日常費用
X 只寫投買保險，沒有指出應買的保險種類
X 安排退休後生活及費用
X 投資

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Paper 1B Question 3a – Sample 1 Eng

• Incorrect description of the bank balance. It should be

debit balance of the bank account from the bank’s
perspective, as individual will not prepare a bank
account for himself/herself

• Failed to mention the nature of bank overdraft (short-

term loan)

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Paper 1B Question 3b – Sample 1 Eng
Mentioned
flexible
repayment
period of
credit card,
but failed to
explain that
David can
repay the
loan based
on his
financial
situation.

Described the complex application procedure of personal loan which

matched the point ‘readily available for use’.

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 Paper 1B Question 3c – Sample 1 Eng

• Saving for marriage is a sensible financial need for David.

• However, ‘children raising’ is not a financial need for David in
this stage.

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Paper 1B Question 3a – Sample 2 Eng

Incorrect description of bank overdraft.

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Paper 1B Question 3b – Sample 2 Eng

• “Use the credit card immediately when he needs” matched with the point
‘readily available for use’ .

• Second point is invalid:

Gifts and rebates will also be provided by the application of personal loan.

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Paper 1B Question 3c – Sample 2 Eng

• Estate planning is not a financial need in David’s present life stage.

• Second point: accident??

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Paper 1B Question 3a – Sample 3 Chi

能指出銀行透支的定義
→提出的金額多於帳戶內金額

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Paper 1B Question 3b – Sample 3 Chi

申請私人貸款也可獲得禮物和現金回贈

能描述出信用卡可隨時使用，及說明申請私
人貸款手續繁複。
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Paper 1B Question 3c – Sample 3 Chi

正確指出子山的財務需要。

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Paper 1B Question 3a – Sample 4 Chi

正確描述銀行透支的定義，
但未能指出銀行透支的性質。

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Paper 1B Question 3b – Sample 4 Chi

• 正確指出信用卡還款具彈性，但未能指出子
山可根據其財務狀況還款。
• 第二點的利息描述不是選擇信用卡的理由。

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Paper 1B Question 3c – Sample 4 Chi

• 正確指出子山的財務需要為結婚。
• 但投資不是子山現時人生階段的財務需
要。

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Paper 1B Part 2

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 Paper 1B: Question 4

社會因素：
- 人口規模 / 結構
（每項相關的社會因素及解釋2分，最高2分）

自然地理因素：
- 氣候、基礎建設
（每項相關的自然地理因素及解釋2分，最高2分）

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 Marking Notes
Paper 1B: Question 4a
(A)(a)
• 因素 (1分) + 與個案有關的解釋 (1分)
• 沒有明確指出「社會」或「自然地理」因素 (不給分)

社會因素:
• 人口規模/結構 (如: 年齡，性別, 教育水平)
• 香港人的口味或喜好

不接受答案:
X 商業環境的穩定性
X 文化/ 環保

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Paper 1B: Question 4b

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 Marking Notes
Paper 1B: Question 4b(i)

資本帳:
• 必須有垂直線，否則0分
• 日期，摘要和金額 必須全部正確
• T字形帳戶: 接受3/31, 31/3, 3月31日

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Marking Notes Paper 1B: Question 4b (ii)
沒有名稱 → OK
2020年3月31日的試算表,
試算表於2020年3月31日
X試算表至2020年3月31日XX

借方欄和貸方欄總額必須相等
(總額 =/= $18,200 → OK)

• 借/貸 ，借項/貸項 ， 借方/貸方→ OK 借記貸記 (不給分)

• 銀行存款，銀行透支 (Bank, Bank overdraft) →OK

• 題目註明沈妮所使用的會計帳目名稱為「應收貨款」，
故不接受「 應收帳款 」

• 金額外加括號 (不給分)
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 Paper 1B Question 4 – Sample 1 Eng

Correctly stated social and physical factor,

but failed to properly explain how Warmer should do.

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Paper 1B Question 4 – Sample 1 Eng

No date,
no marks

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Paper 1B Question 4 – Sample 1 Eng

No marks

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Paper 1B Question 4 – Sample 2 Eng

What factor? social or physical, was not indicated, no marks

Should be Balance c/d

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Paper 1B Question 4 – Sample 2 Eng

ok

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Paper 1B Question 4 – Sample 3 Chi

• 沒有明確指出「社會」或「自然地理」因
素，解釋亦不相關

應該是 31/3
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Paper 1B Question 4 – Sample 3 Chi

(不給分)

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Paper 1B Question 4 – Sample 4 Chi

正確指出社會因素及自然地理因素對和萬業務的影響

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題目沒有要求
Paper 1B Question 4 – Sample 4 Chi

題目註明沈
妮所使用的
會計帳目名
稱為「應收
貨款」， 故
不接受「 應
收帳款 」 56
Paper 1B: Question 5 (a-c)

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Paper 1B: Question 5 (a-c)
Marking scheme
(合營企業, 合營公司, 短期合營)

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 Marking Notes
Paper 1B: Question 5b
(b) Advantages:

Answers NOT accepted (not related to the case):

X create a new project or a new product

X a venturer (not the JV) may gain an advantage from

another venturer (e.g. goodwill)

X easier entry to the new markets (Both companies are in

HK)

X Joint venturers have limited liabilities (may not be the

case)
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 Marking Notes
Paper 1B: Question 5c
(c) Differences:

• Partnership operation has no definite time limit/ is a

continuous business, while joint venture is project-based and
will be terminated when the project is completed.

• Joint venture could be a separate legal entity while

partnership is not (with elaboration).

• Joint venture formed by two or more companies, and

Partnership formed by two or more individuals. (A JV may
involve 2 or more persons or entities.)

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 Marking Notes
Paper 1B: Question 5c
(c) Differences:
Answers NOT accepted

X Partnership is usually smaller in scale

X different tax rate

X Partnership dissolve after a partner dies or retires but JV does

not (JV may also terminate after withdrawal of a venturer)

X Joint venturers have limited liabilities while Partners have

unlimited liabilities (Both forms may have limited liability, e.g.
incorporated JV and limited partnership)

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 Paper 1B: Question 5d
• (To be input by Sue)

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 Marking Scheme
Paper 1B: Question 5d

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 Marking Notes
Paper 1B: Question 5d
(B)(d) Income Statement :

- Without “Less”, in bracket, amounts in same column are

assumed to be added

- NO MARKS FOR
➢ incomplete account names (e.g. Less Returns) or words
(e.g. Less Ret Out)
➢ All under COGS if no “Less: Cost of goods sold”
➢ All under expenses if no “ Less: expenses”
➢ Net profit if no single line above net profit
➢ “Inventory” instead of “Opening inventory” or
“Inventory, 1 January 2019”

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Paper 1B Question 5 – Sample 1 Eng

Wrong spelling

Candidate stated one advantage of joint

venture, without further elaboration related
to the scenario

Tax rate is not a valid difference

between partnership and joint
venture
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Paper 1B Question 5 – Sample 1 Eng

Generally, good
presentation with clear
headings and lining

But no marks for

- to be added

- Other operating expenses

- Wrong net profit 66

Paper 1B Question 5 – Sample 2 Eng
Relevant explanation on the advantage for the
company to operate in joint venture.

Candidate stated a valid difference between

joint venture and partnership

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Paper 1B Question 5 – Sample 2 Eng

Ok to use ( )
instead of ‘Less’

No “Less”.
If no bracket, all items
will be treated as ‘add’,
all 4 items no marks

No “Less”
If no bracket, all items will be
treated as ‘add’, all 3 items
no marks

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Paper 1B Question 5 – Sample 3 Chi

合資公司不等同短期合營

不是短期合營的好處

不一定，短期合營也可以是由兩個以上的「人」共同創立

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 Paper 1B Question 5 – Sample 3 Chi

✓
✓

鼓勵考生使用直式
因為現實中企業多
如果沒有寫「銷貨成本」，上面四項都不給分
採用直式的損益表

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 Paper 1B Question 5 – Sample 4 Chi
標題不完整

應分別列出銷貨及
銷貨退回

不是費用

不應「加」

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End of Paper1
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