A turnaround document is an effective control because it contains information useful for further processing of a payment received from a customer.

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Turnaround documents are designed to provide feedback on various stages of processing, such as verifying data accuracy or updating inventory records. By including essential information, such as customer account numbers, invoice numbers, and payment amounts, a turnaround document can ensure that payments are processed accurately and efficiently. This makes it an effective control tool in managing accounts receivable and maintaining financial records.

A Turnaround Document Is an Effective Control Because It Contains