Sec 10-k management discussion and analysiscontains unread posts

The financial statements for your company are usually posted in Item 8 of the SEC 10-K document. The management discussion and analysis section is earlier in the report.  

1. The management of risk and uncertainty is often included in the MD&A section comments. What do you learn of interest here?

2. Divisions and Product Lines may be discussed in the MD&A section.  What audit and internal control issues may arise in these areas as you consider our chapters for the week.

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3. Management often explains higher or lower than expected in their comments. Discuss the profitability and other comments in the MD&A section as they relate to our chapters thus on audit strategy, risk, internal control, materiality, and management.

https://www.sec.gov/Archives/edgar/data/77476/000007747619000017/pepsico201810-k.htm#s1A5A3E567CB957569E2B49DDD22FB8A2