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...
Compliance Audit. A compliance audit is an independent review of an. institutionâs compliance with consumer protection laws. and regulations and adherence to internal policies and. procedures. The audit helps management ensure. ongoing compliance and identify compliance risk. conditions.