首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Read this text taken from an article about how the accountants influence the decisions. Choose the best sentence to fill each of
Read this text taken from an article about how the accountants influence the decisions. Choose the best sentence to fill each of
admin
2012-03-12
39
问题
Read this text taken from an article about how the accountants influence the decisions.
Choose the best sentence to fill each of the gaps.
For each gap (9-14), mark one letter (A-H) on your Answer Sheet.
Do not use any letter more than once.
There is an example at the beginning, (0).
How the Accountants Influence the Decisions
Accountants in industry are often asked to evaluate projects. (0) H . Many people think it must be straightforward, but, like many publishing contracts, the devil lies in the detail.
(9)............. There is a high level of front-end investment in trying to "break" (popularise) an artist which usually comprises a non-returnable advance on royalties, recording costs, promotional costs and tour support costs which sometimes even extend to large "buy-on" fees to support major artists on big tours; i. e. they pay to play.
Usually the first department involved in a decision to sign an artist is the A& R (artistes and repertoire) department. Sometimes unfairly labeled the Urn & Ah department, they play a vital role in identifying potential stars. About 95% of the artists don’t make the grade. (10) .........., This financial analysis is called a DeaJ Memo and it also assist in the negotiation process.
When A&R have identified a signing then there are a number of key decisions to be made in which the business affairs and finance departments become closely involved. (11) ............. Will it be a direct signing, i. e. , will the company be contracting directly with the artist, or has the artist been savvy enough to incorporate his own company and "loan out" his services to his own company? If the contract is with the artist’s company then it is vital that the record company get the artist to sign a letter (called an inducement letter) stating that he personally undertakes to fulfill his contractual obligations should his company be unable to do so; e. g. if it were wound up.
(12) ............. Pete Waterman’s PWL with artists such as Kylie Minogue, Jason Donovan and Rick Astley was a good example of a production house. Other examples are lease-tape deals and R&D (pressing and distribution) where the record company does not actually own the product but can sell it under its name for a limited period.
(13)............. This will largely concentrate on the advances, royalty rates and contract terms that should be offered to make it attractive to the artist to sign.
(14) ............. It should be product based, for example, on the number of albums to be delivered by the artist (known as the "minimum commitment"), rather than time based. Ideally the record company would want to sign the artist for just one album with multiple options, for further albums at its sole and absolute discretion, so if the artist is a flop, then the contract is terminated after one album, but if he or she is a success then options are exercised.
A The term of the contract is very important.
B Having decided on the form of contract then, the finance department comes into the picture in assessing and analyzing the structure of the deal.
C Other possible forms of contract that could be considered are production house deals where a specialist company agrees to supply a number of artists to the record company.
D Firstly, it must be decided what form the contract is going to take.
E However, for the very few artists that the record companies successfully "break" then there is big money to be made and it is therefore vital that any proposed deal undergo a through financial analysis to ensure that the company is not over-committed.
F Contrary to popular myth that it is easy to make money in the music business, most artists actually lose money for the recording companies.
G Importance should be attached to both the term and form of the contract.
H In the recording industry this usually means working out the effect on company profits of the fine print in a recording contract.
选项
答案
C
解析
该项意思是:其他值得考虑的交易形式包括由专业公司专门为唱片公司提供艺术家。这段与上段形成呼应,共同对应之前的“anumber of key decisions to be made”,故答案为C。
转载请注明原文地址:https://kaotiyun.com/show/DB7d777K
本试题收录于:
BEC高级阅读题库BEC商务英语分类
0
BEC高级阅读
BEC商务英语
相关试题推荐
WhattypeofbusinessisViaAmor?
WhattypeofbusinessisFindersBuyers?
Whatdidthecustomersrecommend?
Whatdidthecustomersrecommend?
Lookatthegraphic.Whichcellphoneplanwillthemanmostlikelychoose?
Inthispart,theinterlocutorasksquestionstoeachofthecandidatesinturn.Youhavetogiveinformationaboutyourselfand
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Iscapitalmarketimportantornot?Why?Canyougiveexplanationaboutit?
Task6IncreaseinOrdersThemanufacturingcompanyyouworkforhasexperiencedasuddenincreaseincustomerordersandiscon
随机试题
下列各项中,注册会计师认为需要对固定资产账面价值进行调整的有()。
根据《土壤环境质量标准》,Ⅲ类土壤环境质量基本上()。
所有者权益包括()。
下列关于开放式基金业务的表述,错误的是()。
现阶段我国确立以按劳分配为主体,多种分配方式并存的分配制度的依据是()。
侦查人员需要扣押犯罪嫌疑人的邮件、电子邮件、电报时,需经县级以上公安机关负责人批准。()
材料一小邱个头不高,皮肤白皙,结实强壮,喜欢穿运动装和运动鞋,一点都不像他的父亲老邱,老邱总是穿着皮鞋、西裤。他们相差近30岁,对商业的看法颇有不同。1970年,老邱从C市建筑公司辞职,成立了自己的工程队,1992年成立了一家建筑公司,
A、 B、 C、 D、 A
世界上公认的第一台电子计算机诞生的年代是()。
Oneofthemostcontentiousissuesaboutalcoholconsumptionhasbeentheconsistentfindingthatthosewhodon’tdrinktendto
最新回复
(
0
)