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...
4 Policy and Procedure Statements. 4.1 Follow-up On Audit Findings. 4.1.1 Follow-up on audit findings of the State Auditor and Internal Auditor is defined as the action taken to correct a weak control situation that has been identified and reported to the University administration.