AceDSE
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AceDSE · Paper · 2026.07

企業、會計與財務概論
Business, Accounting and Financial Studies

Compulsory Business Case with Module Choice

minutes85 minutes
marks40 marks
Attempted componentEnglish
Candidate name
Date

Sample-paper basis

sample Paper 1 objective/structured work followed by distinct Accounting and Business Management modules

Scope of this paper

Complete the compulsory case and ONE module matching your course. The public examination gives a larger weighting to the selected module.

Candidate instructions

  1. Answer the compulsory case and ONE module only.
  2. Show accounting calculations clearly.
  3. Business recommendations must be linked to the case data.

Compulsory case — Harbour Refill Limited

25 marks
Extracted financial data
Item for year ended 31 DecHK$ million
Revenue2.40
Cost of goods sold1.44
Operating expenses0.72
Current assets0.90
Current liabilities0.60
Operating dashboard
Operating indicatorOutlet resultTarget
Average queue at 18:0014.2 min< 8 min
60-day repeat purchase31%45%
Packaging avoided18 tonnes15 tonnes
1(a)
Calculate (i) gross profit, (ii) operating profit margin, and (iii) current ratio. Give ratios to 2 decimal places where appropriate.
[7 marks]
1(b)
The company needs $800,000 for a second outlet. Compare a five-year bank loan with issuing ordinary shares to a social-impact investor. Recommend one, using three case-specific considerations.
[6 marks]
1(c)
The refill stations reduce packaging but queues are long and repeat purchase is falling. Propose one operations measure and one marketing measure. For each, state a KPI that could test effectiveness.
[6 marks]
1(d)
A supplier offers a lower price but cannot verify its wage records. Analyse the conflict between profit objectives and corporate social responsibility, then state a procurement decision rule.
[6 marks]

Module choice

15 marks

Answer the module you study: Accounting OR Business Management.

Accounting module

2A(a)
Unadjusted profit is $286,000. Year-end adjustments are: depreciation $34,000; accrued electricity $7,500; prepaid insurance decreases expenses by $4,000; allowance for doubtful debts must rise by $6,500. Calculate adjusted profit and explain why the prepayment increases it.
[8 marks]
2A(b)
Opening cash is $45,000. Expected receipts are $180,000. Cash purchases are $72,000, wages $54,000, rent $18,000 and equipment $96,000. Prepare the one-month cash budget and recommend one response if the minimum desired closing balance is $20,000.
[7 marks]

Business Management module

2B(a)
Staff turnover rose from 18% to 34%, while customer complaints about inconsistent advice doubled. Analyse two plausible causal links. State what further evidence is needed before concluding that turnover caused the complaints.
[8 marks]
2B(b)
Design a 90-day people-management response using recruitment, training and motivation. Include one leading and one lagging performance indicator.
[7 marks]