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
33
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
B
解析
该项意思是:在决定合同的形式时,财会部门评估和分析交易的结构。此句之后,列明的都是需要考虑的财务细节,故此处答案为B。
转载请注明原文地址:https://kaotiyun.com/show/JB7d777K
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?
Whattypeofbusinessdoesthespeakermostlikelyworkfor?
1.(Thecandidatechoosesonetopicandspeaksaboutitforoneminute.)A.StaffManagement:howtoachieveandmaintainhighm
Theinterlocutorasksyouquestionsonanumberofwork-relatedandnonwork-relatedsubjects.(Thecandidatechoosesonetop
FortwocandidatesCustomerInvolvementYourcompanyhasdecidedtotrytoincreasecustomerinvolvementintherangeandqualit
(Thecandidatechoosesonetopicandspeaksaboutitforoneminute.)A.Careerdevelopment:theimportanceofacquiringarange
Answer回答
Task6IncreaseinOrdersThemanufacturingcompanyyouworkforhasexperiencedasuddenincreaseincustomerordersandiscon
CouldyoutellmewhatinfluenceyouthinkinternationalbusinessishavingonworkpracticesinChina?Why?
Answeringreceptionist’squestions回答接待员询问
随机试题
卵巢肿瘤最常起源于
2020年3月5日,周某就其发明M向国家知识产权局提出发明专利申请,其后,又于2021年2月3日就同样的发明M在美国提出发明专利申请,同时提出优先权请求。根据国际优先权原则,发明M的优先权日是()。
行政法律关系主体包括________和________。
党的十三大第一次比较系统地提出和论述了()
基底核通常包括
适用于头顶部的包扎法是
在下列哪些情况下可以考虑采用新设法人融资方式( )。
基金上市交易公告书披露的事项包括()。I.募集情况与上市交易安排Ⅱ.基金托管人报告Ⅲ.基金合同摘要Ⅳ.基金持有人结构
这笔借款使该欧洲公司承担的汇率风险类型是()。如果采取远期外汇交易防范汇率风险,那么该公司应卖出()万元6个月欧元期汇。
《经济日报》评论员文章是这样表述经济“新常态”的:新常态之新,意味着不同以往;新常态之常,意味着相对稳定。由此可见,经济“新常态”的提出()①折射出事物是绝对运动与相对静止的统一②揭示了矛盾的普遍性和特殊性的相互联结③体现了事物的性质决定于矛
最新回复
(
0
)