SNA Pacing Guide 2021-2022
Costs Applied to Business Model Grade 11 and 12
Part 1 Unit(s)
Introduction to cost models
and understand how its applied
in business budgets.
Unit I
Be your own Financial Planner.
Unit II
Personal Financial Management
- Principles and Techniques to
Prepare Personal Budgets.
Course: Grade 11 and 12
Essential Questions Standards Learning Objectives Time
Adopted version of CABM-NCDP SWCAE: 2 Weeks
 How much money do you spend every  Explain the concept of personal
week?
financial planning.
 How to prepare a personal budget?  Understand the importance of
personal financial planning in
 How to develop a proper attitude towards controlling personal finance.
personal finance?  Apply the basic principles and
techniques in preparing personal
 Which are the Income statement budgets.
components and definitions?  Develop a proper attitude towards
personal finance.
Adopted version of CABM-NCDP SWCAE: 2 Weeks
 Why is it important to know how to make  To understand the importance of
personal spending efficiency? personal budget in controlling their
personal finance.
 How to prepare a personal budget?
 To grasp the principles and
 How to develop a positive attitude in techniques of preparing personal
personal finance? budgets.
 To analyze personal expenses and
applying the data into a realistic
personal budge.
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SNA Pacing Guide 2021-2022
Costs Applied to Business Model Grade 11 and 12
Part 2 Unit(s) Essential Questions Standards Learning Objectives Time
Introduction to Fundamentals
of Financial Management.
Unit III Adopted version of CABM-NCDP SWCAE: 2 Weeks
Fundamentals of Financial
Management - Time Value of  What is annularity?  To understand the fundamental
Money concepts of time value of money.
 What is future value, dimple and
compound interest?  To calculate future value and present
value of a single and a series of cash
 What are present value and rule of 72? flows.

 How to determinate the future value,  To distinguish between nominal and

simple and compound Interest? effective rate of return.

 To apply the concepts and calculations

of time value of money in personal and
corporate financial management.

Unit IV Adopted version of CABM-NCDP SWCAE: 1 Week

Personal Consumer Credit  How to make personal loans?
 To understand and differentiate the
 What benefits can bring a mortgage loan different types of personal loans.
and a corporate credit card?
 To understand the 4 Cs of credit – i.e.,
 How to maintain a good personal credit capacity, character, capital and
record in personal finance management? collateral.

 To compare and analyze different

credit products so as to help in applying
suitably in personal financial
management.

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SNA Pacing Guide 2021-2022
Costs Applied to Business Model Grade 11 and 12
Unit V
Consumer Markets and
Consumer
Buyer Behavior
Adopted version of CABM-NCDP SWCAE: 1 Week
 Deposits?  To understand the characteristics of
financial products such as deposits,
 Deposits and Bonds? bonds and stocks.

 Stocks and Making Investment Decisions?  To identify the risks of common

financial products.

 To understand the relationships

between risks and returns of specific
financial products.

 To apply the concepts of risk and return

in making sound investment decisions.

Unit VI Adopted version of CABM-NCDP SWCAE: 1 Week

Business Markets and Business
Buyer Behavior.
 Profit Distribution and Appropriation  To reinforce students’ understanding of
Account? the differences in establishing business
entities using sole proprietorship,
 Capital or Owner’s Equity and Regulatory partnership and limited company.
Framework of Accounting?
 To understand how financial
 Net profit is distributed to company statements are formatted to serve the
owners under different types of business different types of business entities.
structures?
 To describe the Hong Kong accounting
regulatory framework.

Benchmark Review 1 Week

Benchmark exam

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SNA Pacing Guide 2021-2022
Costs Applied to Business Model Grade 11 and 12
Part 1 Unit(s)
Application of Financial
Analysis and Cost Classification
Unit VII
Financial Analysis
Unit VIII
Application of Costing Concepts
and Techniques in Decision
Making
Essential Questions Standards Learning Objectives Time
Adopted version of CABM-NCDP SWCAE: 2 Weeks
 How to register major types of accounting  To understand the major types of
ratios and make their calculations? accounting ratios.
 How to understand the evaluation of  To calculate different accounting ratios.
financial performance through accounting
ratios?  To evaluate financial performance
through accounting ratios.
 To improve the financial performance.
 To describe the limitations on using
accounting ratios.
Adopted version of CABM-NCDP SWCAE: 2 Weeks
 How is cost accounting and apply the cost  Explain the general nature of cost
concepts and terminology? accounting and its importance for
financial decision-making.
 How to understand the classifications cost
used for preparing financial statements?  Distinguish between direct and indirect
costs, fixed and variable costs, and
 How to understand the classification cost factory and administrative overheads.
use for cost decision-making?
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SNA Pacing Guide 2021-2022
Costs Applied to Business Model Grade 11 and 12
Unit IX
Cost Classification, Concepts
and Terminology.
Unit X
Marginal and Absorption
Costing.
Adopted version of CABM-NCDP SWCAE: 1 Week
 What elements make cost classification,  Explain the meaning of cost behavior.
concepts and terminology?
 To identify fixed, step, variable and
 What means fixed, step, variable and mixed costs.
mixed costs terminology?
 To separate mixed costs into the fixed
 What is direct cost on manufacturing and variable components using high-
process and administrative overheads? low method.
 To calculate the cost of goods
manufactured and the cost of goods
sold for manufacturing companies.
 To distinguish between direct and
indirect costs, factory and selling and
administrative overheads.
Adopted version of CABM-NCDP SWCAE: 1 Week
 How to compute the predetermined  Prepare income statements under
production overhead absorption rate and absorption costing and marginal
how to apply the rate to the products costing.
under absorption costing?
 Compare the advantages and
 what is the nature of absorption costing disadvantages of adopting absorption
and how to prepare an income statement costing and marginal costing.
under absorption costing?
 What is the nature of marginal costing and
how to prepare an income statement
under marginal costing?
 What are differences between absorption
costing and marginal costing?
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SNA Pacing Guide 2021-2022
Costs Applied to Business Model Grade 11 and 12
Part 2 Unit(s) Essential Questions Standards Learning Objectives Time
Risk Management and
Techniques in Decision Making
Unit XI Adopted version of CABM-NCDP SWCAE: 2 weeks
Risk Management  What kind of types of risk are  To identify different types of risks
there? faced by business.

 How to measure the risk  To review the risk management

management process and strategies implemented in a company.
strategies?
 To suggest appropriate risk
 How to surfing on the NET for management strategies for business.
information of Insurance products?
 To describe various types of business
insurance protection.

Unit XII Adopted version of CABM-NCDP SWCAE: 1 Week

Basic Ratio Analysis  What characteristics make concept  Understand the concept and general
of financial statement analysis? function of accounting ratios.

 What concept and general function  Understand the calculation and

of accounting ratios? interpretation of following financial
ratios: gross profit margin net profit
 What characteristics have working margin, return on capital employed,
capital and its management? working capital, current ratio and acid
test ratio.
 How to evaluate on the liquidity
and profitability of a business using  Use accounting ratios to evaluate a
accounting ratios? company’s profitability and liquidity.

Final Exam Review 1 Week

Final exam