Your question is Bug Lifecycle From Discovery to Closure. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
Describe the lifecycle of a bug from discovery to closure. Explain the main states and decisions as a defect moves through reporting, triage, assignment, fixing, verification, and closure. Include when a defect should be rejected, deferred, duplicated, or reopened, and distinguish severity from priority.