Explanation
The store phase occurs immediately after the create phase, and as data is committed to storage structures, the first opportunity for security controls to be implemented is realized. During the create phase, the data is not yet part of a system where security controls can be applied, and although the use and share phases also entail the application of security controls, they are not the first phase where the process occurs.

The cloud service business manager is responsible for overseeing business plans and customer relationships as well as processing financial transactions.

Explanation
SOC Type 1 reports are focused specifically on internal controls as they relate to financial reporting.