Syllabus content and objectives
Official WAEC Store Management outline · Detailed Syllabus
Content
Communication types/media (oral, written, non-verbal, electronic, business documents), basic business law, law of contract, agency creation/types/rights, Sale of Goods Act, government regulations (patents, copyrights, trademarks, Health & Safety at Work Act, consumer protection), regulatory agencies (NAFDAC, NDLEA, SON), filing/indexing methods, source/trade documents (invoices, receipts, bills of lading, letters of credit, waybills), subsidiary books, petty cash imprest system, final accounts (Trading, Profit & Loss, Balance Sheet), rate of stock turnover, risk management techniques (hedging, insurance), capital market vs money market investments (stocks, treasury bills, commercial papers), and taxation types/importance
Objective
Draft business communications (memos, reports, circulars) and utilize electronic media/word processing; explain law of contract, agency relationships, Sale of Goods Act, statutory workplace regulations, and functions of NAFDAC/NDLEA/SON; execute filing/indexing rules and process home/foreign trade documents; prepare subsidiary books, petty cash book under the imprest system, and simple final accounts; calculate rate of stock turnover; apply risk management techniques including insurance and hedging; evaluate capital/money market investments (shares, treasury bills, bonds) and taxation types (VAT, income tax, import duties).
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