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.
Product audit â An examination of a particular product or service (hardware, processed material, software) to evaluate whether it conforms to requirements (that is, specifications, performance standards, and customer requirements). Process audit â A verification that processes are working within established limits.
Part of the annual plan is devoted to follow-ups. A follow-up audit assesses the progress made on issues identified in a previous audit, one or more years after its release. The remaining projects include: 1  Contract Audits, 2  Special Audits, 3  Cash Counts.