Glencoe Accounting

Chapter 14: Accounting for Sales and Cash Receipts

Extend: Matter of Ethics

Confidentiality

• Tricon Global Restaurants, Inc. operates KFC, Pizza Hut, Taco Bell, Long John Silvers, and A&W restaurants worldwide.
• Explore the company's most recent annual report at www.yum.com/investors/annualreport.htm. Read the section titled Brand Reviews for an overview of Taco Bell sales and operations.
• Answer the following questions in a written report.
• What types of information appear as public information?
• What information seems to be retained as private?
• What specific confidential information would Taco Bell accountants have available to them? How could revealing this information harm the company?