Observation

1. Candidates performance was okay, most of the candidates were able to answer question 1a correctly


2. Part (b) of the question was fairly attempted by the candidates. The following were the required answers

1. Stock records are documents used in the store to record full particulars of receipts issues and balances of materials in stock.
   
   OR
   
   Stock record are detailed accounts of all items of raw materials, work-in progress finished goods and spare parts in stock.


2. Uses Of Stock Records
   
   
   • They provide information for provisioning in the store.
   
   
   • They supply information for stock taking.
     
   
   
   • They the purposes of price list.
     
   
   
   • They establish a link between the physical stock and the store’s account.
     
   
   
   • It is used for demand forecasting.
     
   
   
   • It helps the store to keep track of its resources