Essay
RaiAlexseev was getting ready to perform analytical procedurat Vulcan Spice Mills. She had made the following notin her audit file:
1.Review allowance for doubtful accounts.
2.Don't forget to bring calculator to work.
3.Figure out the probability of $5,000,000 salcommissions threshold of last year.
4.Perform variance analysis.
Required: Can you summarize the steps Raiwill have to go through using analytical procedurbefore she can draw any conclusions about the subject matter?
Correct Answer:

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