Storekeeeping WASSCE (SC), 2017

Question 3

 

  1. What is stock valuation?
  2. State three reasons for stock valuation.
(c)  List and explain four codification systems

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Observation

Few candidates attempted this question.

  1. This part of the question was adequately answered by the candidates.
  2. Candidates got low marks in this part as a result of them stating issuing, receiving and inspecting of stocks, which are functions of a store keeper. Instead of stating reasons for stock valuation like; the need to price issues.
  3. Candidates answered this part very well.