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...
At a high level, inspections are a âdoâ and audits are a âcheckâ. An inspection is typically something that a site is required to do by a compliance obligation. An audit is the process of checking that compliance obligations have been met, including that the required inspections have been done.