Best Settings for spoken word? WinXP

Hello, Have been using an earlier version, and just updated.
Not sure which settings in quality ; sample rate, etc. for single track spoken word. OR anything else I should know. Thanks!

The default Audacity settings will work well.
Set the number of recording channels to 1 (mono) in the Device Toolbar http://manual.audacityteam.org/man/Device_Toolbar

Default “Quality” settings:
Sample Rate 44100 Hz
Sample format 32-bit float.