Observation

1. The performance of most candidates showed a clear understanding of the question.
   (a)        Factors Dauda should consider in setting up a store

   1. He should consider availability of market;
   2. He should consider the amount required to set up the store;
   3. He should consider the type and nature of the products to deal in;
   4. He should consider the accessibility of the store to customers and suppliers;
   5. He should consider the security of the store;
   6. He should consider government policy in relation to the store;
   7. He should consider the availability of qualified personnel;
   8. He should consider the level of competition for the type of goods he wants to deals in;
   9. He should consider the right location;
   10. He should consider the right site;
   11. He should have the knowledge and experience of a store business.

                                                                                      
   (b)       Explanation of terms

   1. Staffing: This is the process of hiring or recruiting candidates into an organization for specific positions. It involves getting the right person for a job.
   2. Controlling:  This is the process of measuring or comparing performance against set standard. It helps to identify errors or deviations and make necessary corrections.
   3. Stock records: These are forms of clerical records designed to provide information about all items held in the store.
   4. Cheque: This is a written, dated and signed document that orders a bank to pay a specific amount of money to the bearer. It usually has the drawer, the drawee and the payee.
   5. Subsidiary books: These are books used for recording source documents arising from transactions before posting to the ledger. It is recorded in chronological order. It is also called books of original entry or books of prime entry. It includes sales day book, purchases day book, cash book, returns books and the journal.