What is meant by the term 'quality audit'?

The term 'quality audit' refers to a systematic investigation of quality activities. This process involves a structured assessment to ensure that the quality management system is functioning as intended and that the quality standards are being met. Quality audits are typically conducted to evaluate compliance with regulations, standards, and internal quality requirements.

These audits assess the effectiveness and efficiency of quality control processes and identify areas for improvement. By systematically reviewing how quality activities are performed, organizations can ensure that they are adhering to their quality policies and can implement necessary corrective actions based on the findings of the audit. This comprehensive approach helps organizations maintain high standards and continuously enhance their processes.

The other options do not encompass the full definition or purpose of a quality audit. An informal review process does not provide the thoroughness needed for quality assessment. A one-time review of financial expenditures lacks a focus on quality activities and doesn't contribute to ongoing quality improvement. Similarly, a questionnaire filled out by project managers would not systematically evaluate quality processes, but rather gather opinions, which does not equate to a formal quality audit.