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11. Raisa Alexeev was getting ready to perform analytical procedures at Vulcan Spice Mills. She had made the following notes in her audit file: Review

11. Raisa Alexeev was getting ready to perform analytical procedures at Vulcan Spice Mills. She had made the following notes in her audit file:

  1. Review allowance for doubtful accounts.
  2. Dont forget to bring a calculator to work.
  3. Figure out the probability of the $5,000,000 sales commissions threshold of last year.
  4. Perform variance analysis.

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Can you summarize the steps Raisa will have to go through using analytical procedures before she can draw any conclusions about the subject matter?

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