Question

All of the following can provide evidence of an economic event except?

1) source document
2) turn-around document
3) master document
4) product document

Answer 1

A product document does not typically provide evidence of an economic event; it is more focused on describing a product internally within an organization.

Step-by-step explanation:

All of the following can provide evidence of an economic event except a product document. A product document does not typically provide evidence of an economic event; it is more focused on describing a product internally within an organization.

A source document is a piece of paper or a digital record that provides evidence of a transaction and includes details that can be used for accounting purposes. A turn-around document is a type of document used typically in batch processing that is returned to the sender after processing and often initiates another action or transaction.

A master document serves as a primary record and can incorporate a variety of related records or information. However, a product document is generally used within an organization to describe a product and does not typically serve as evidence of an economic event.