Asked by Dulce Medina on Jun 15, 2024
Verified
This studio business practice undermined management-labor relations, particularly those involving "points on the gross."
A) block booking
B) blind bidding
C) creative accounting
D) blacklisting
Creative Accounting
Practices that may push the boundaries of standard accounting rules to depict a more favorable financial picture of a business, sometimes straddling the line of legality.
Management-labor Relations
The dynamics and interactions between employers (management) and employees (labor), especially regarding negotiations, disputes, and working conditions.
- Comprehend the historical backdrop of the Hollywood studio system, including antitrust litigation and the Paramount verdict.
Verified Answer
AG
areeba gazalJun 21, 2024
Final Answer :
C
Explanation :
Creative accounting practices can undermine management-labor relations by manipulating financial records to reduce the apparent profitability of a film. This, in turn, affects the earnings of those who have been promised "points on the gross," which are percentages of a film's gross revenue.
Learning Objectives
- Comprehend the historical backdrop of the Hollywood studio system, including antitrust litigation and the Paramount verdict.
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