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Budgeting for a movie can be challenging. Frequently, budget items change as the movie production progresses. If budgeting for a movie is difficult, why prepare a movie budget?
. Budgeting for a movie can be challenging. Frequently, budget items change asthe movie production progresses. If budgeting for a movie is difficult, why preparea movie budget?2. What reasons can a movie director have for misrepresenting the overall budgetfor a particular movie? Is misrepresenting a movie budget unethical? Do you thinkmisrepresenting a movie’s total budgeted expenditures to the public harmsanyone? Why or why not?3. “If a Hollywood movie’s box office number exceeds its production budget, thenthat movie makes a profit.” From reading the information given in the case, do youagree with this statement? Why or why not?4. Sometimes actors, directors, and producers are asked to take a lower salary upfront and instead receive a percentage of the film’s overall gross profits (from boxoffice receipts, DVD sales, and similar revenue streams). Why might the filmcompany propose this arrangement? Why might the actors, directors, andproducers accept this arrangement? Would this type of arrangement (lower salaryup front with a percentage of the film’s gross profits later) make the budgetingprocess easier or more challenging? Why?1. 2. 3. 4. items change ascult, why prepare he overall budgetcal? Do you thinkblic harms ion budget, thenn the case, do you a lower salary upprofits (from boxight the filmctors, andment (lower salaryhe budgeting