What does the process of Facepunch reviewing feedback reports look like?

[RikiWilkins]

I was wondering if anyone can answer me, what does it typically look like when Facepunch receives a feedback about bug from F7 ingame feedback feature? Does someone in their team go through the feedback list items everyday, and check if their true, and then passes it to the testers and programmers?

This doesn't concern just Facepunch, if anyone knows how this system works in game development studios in general, I will be happy to hear, since I find it interesting to know.

Thank you for your answers.