Film Budgeting Quiz: How Well You Know?
Do You Have a Basic Idea about Film Budgeting? Making a film can be a little expensive if you do not estimate how to use the money you have available. One has to pay for the gadgets, actors, effects, and at times the location too. Are you ready to be a producer in your film? Do take this interesting quiz and get to find out!
- 1.Which of these do NOT need a CONTINGENCY?
- A.
Gaffer
- B.
Director
- C.
Stars
- D.
Producer
- E.
Editor
- 2.What's a Completion Bond?
- A.
Ensures Financing to Complete a Film
- B.
Works Like an Escrow Account
- C.
Is ONLY Used by Major Studios
- D.
Guarantees a Film will be Completed on Budget
- E.
Provides Funds for Post Production
- 3.The Chart of Account...
- A.
Is created New for Every Film
- B.
Changes During Each Production Phase
- C.
Lists Accounts and Account Numbers
- D.
Is Not Used on TV Shows or MOWs
- E.
Is Used ONLY by Executives & Producers
- 4.Pick the Three REAL Budgeting Programs:
- A.
Entertainment Partners Budgeting
- B.
Enterprise Officeware XL
- C.
Showbiz Budgeting
- D.
Axiomatic Essential Pro
- E.
Gorilla
- 5.Pick Two Items a NON-UNION Crew Must Get by Law...
- A.
Vacation Pay
- B.
FICA, FUI, SUI, WC & MC
- C.
Union PH&W
- D.
A 10 Minute Break Every Four Hours
- E.
Overtime Pay After Eight Hours
- 6.A contingency is:
- A.
Only used on studio-funded films
- B.
Never less than 10% of the total budget
- C.
Usually 10% of selected items in the budget
- D.
No value to indie productions
- E.
Paid to the investors after post production
- 7.Which Author Won an Academy Award for Film Budgeting?
- A.
Roger Ebert
- B.
Larry McMurtry
- C.
Charles McCarrey
- D.
Michael Crichton
- E.
Howard Zinn
- 8.Always BEGIN your budget by entering numbers in which section....?
- A.
TopSheet
- B.
Categories
- C.
Accounts
- D.
Details
- E.
Chart of Accounts
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