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It's an audit of the actual product, often including packaging and other related specs. If it was a process audit, it would probably be called a "manufacturing process audit" or "control plan audit" or something similar
It's a sampling based process for checking and verifying that the product meets the customer specidications
that's for final acceptance before product delivery .
Agrees with the mentioned answers.
The term “product audit” refers to the » evaluation of a product in a traditional sense, in the case of privacy certification to the evaluation of hardware and software. Processes and management issues are not subject to product audits, but to process audits.
The product audit is the assessment of the final product/service and its qualification for use evaluated versus the intent of the purpose of the product/service. It ensures a thorough inspection of a final product before delivery to a supplier or a customer.
Periodic review of methods and means of production, improved and developed continuously and then documented and acted upon.