Accounting Glencoe Accounting: 5th Edition   Glencoe Online
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Chapter 14: Accounting for Sales and Cash Receipts

Study Plans

Chapter 14 Study Plan

Self-Assessment Quizzes

Chapter 14, Section 1, Accounting for a Merchandising Business
Chapter 14, Section 2, Analyzing Sales Transactions
Chapter 14, Section 3, Analyzing Cash Receipt Transactions

Extend: A Matter of Ethics

Chapter 14: Confidentiality, p. 356

  • 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?

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