My hubby told my son to include all of the key words suggested in the guide in his narration and allowed him to stop and start the recorder in order to get all the words included. It took my son quite awhile, but he really did a good job. It also was much easier to type from the recording, as the parent can pause the narration and catch up with the typing or replay as needed. Anyway, I just wanted to pop-in and mention that this works well if you have a child who has been narrating for awhile. Just make sure the child isn't looking right at the book as he/she is narrating!
I will admit that my son did have to look back in the book while stopping the recording to see what some of the key words noted in the guide referred to, but I didn't think this was all bad either as it drew his attention to the names and places and forced him to use them in his narration. This is definitely a higher level narration skill, so it wouldn't be as appropriate for a younger narrator who still needs immediate parental feedback, but it would work for those who have been narrating awhile and are ready for the next step.
We've been doing it this way ever since for the history narrations. Blessings,
Carrie