GDP measures the monetary value of final goods and servicesâthat is, those that are bought by the final userâproduced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.
Process Audit :-Auditor will concentrate on process at each stage & itss relevant parameters process parameters like temperature, pressure, speed etc.Along with this he audits operator competency level , environment condition under which he operates the machine,5S,safety etc...
An audit is an evidence gathering process. Audit evidence is. used to evaluate how well audit criteria are being met. Audits. must be objective, impartial, and independent, and the audit. process must be both systematic and documented. There are three types of audits: first-party, second-party, and. third-party. First-party audits are internal audits.