KVV E-Modules - Types of Audit

Quadrant -I (Video)

Video Lecture on Types of Audit

Quadrant - II (Study Material)

1. GMP Audits Notes

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2. Notes on Types of Audit

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Quadrant - III (Assignments)

1. Chart on Types of Audit

Students should prepare a self-explanatory chart of types of audits in pharmaceutical industry on a card sheet and submit the soft copy of the same.

Quadrant - IV (MCQs)

What is the primary purpose of a quality audit?

A: Routine inspection B: Assessing compliance and suitability of activities and their outcomes C: Conducting employee evaluations D: Checking inventory levels

What are internal audits designed to do?

A: Identify and rectify housekeeping issues B: Foster interdepartmental trust and communication C: Monitor employee performance D: Conduct financial assessments

What is a key difference between internal and external quality audits?

A: Internal audits are conducted by external parties B: External audits focus solely on financial compliance C: Internal audits assess compliance within the organization, while external audits D: External audits are less thorough than internal audits

Which type of audit is also known as a First Party Audit?

A: Regulatory Audit B: External Audit C: Internal Audit D: Financial Audit

What is one of the main goals of a regulatory audit?

A: Increasing product sales B: Ensuring compliance with government regulations C: Enhancing interdepartmental communication D: Conducting employee performance reviews

What distinguishes a Second Party Audit from a Third Party Audit?

A: A Second Party Audit involves an external regulatory body B: A Second Party Audit is conducted by the company itself C: A Third Party Audit involves the audited company bearing the cost D: A Third Party Audit is always unannounced

Which tier of internal audit is carried out by a corporate compliance group?

A: Tier One B: Tier Two C: Tier Three D: Tier Four

What is a significant benefit of a well-executed internal audit?

A: Identifying root causes of problems and planning corrective actions B: Increasing product prices C: Conducting employee performance reviews D: Reducing the need for external audits

What component is typically included in a well-structured external audit program?

A: Routine employee evaluations B: A full-scope financial audit C: Internal departmental meetings D: Marketing strategy assessment

Why are regulatory audits particularly important in certain industries?

A: They help increase product sales B: They ensure compliance with specific government regulations C: They enhance employee satisfaction D: They reduce production costs

Validation Certificates

1. E-content Module Certificate (Validation Part I)

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2. E-content Module Certificate (Validation Part II)

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3. Checking Report

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