Final answer:
A performance audit involves comparing current performance against measurable outcome indicators of success.
Step-by-step explanation:
A performance audit is conducted by comparing your current performance against measurable quantitative and qualitative outcome indicators of success related to the departmental or organizational mission. This allows organizations to assess their achievements and identify areas for improvement.
For example, a company may measure its sales revenue and customer satisfaction ratings to evaluate its performance against its goals. If the company's sales revenue has increased and its customer satisfaction ratings have improved, it indicates a successful performance. On the other hand, if the company's sales revenue has decreased and its customer satisfaction ratings have declined, it indicates a need for improvement.