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Venue Management FINAL UPDATED Exam Questions and CORRECT Answers

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Venue Management FINAL UPDATED Exam Questions and CORRECT Answers The most important tool used to determine whether or not to build a public assembly venue - Correct Answer- feasibility study The _____ refers to the maximum number of people allowed by code in any given venue - Correct Answer-...

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Venue Management FINAL UPDATED
Exam Questions and CORRECT Answers
The most important tool used to determine whether or not to build a public assembly venue -
Correct Answer- feasibility study


The _____ refers to the maximum number of people allowed by code in any given venue -
Correct Answer- capacity rating


T.I.F or ____, is assessed to local businesses that directly benefit from events in a venue -
Correct Answer- Tax Increment Financing


It is illegal to scalp a ticket for any event at any venue in the United States - Correct Answer-
FALSE


Which of the following is a key skill necessary for the successful venue manager? - Correct
Answer- Ability to negotiate, Entrepreneurial instincts, team-building abilities (ALL OF THE
ABOVE)


Most public assembly venues are built with private money - Correct Answer- FALSE


Gross revenue is pre-tax and fees - Correct Answer- TRUE


What is the money required to start a business? - Correct Answer- Start up Capitol


Operating Expenses are expenses incurred as a result of normal business operations - Correct
Answer- TRUE


An event director should monitor the progress of the planning and organization of event tasks
- Correct Answer- TRUE


Capacity is the number of programmed days at a venue - Correct Answer- FALSE

,Which is NOT one of the variables that help determine the appropriate event mix for a
venue? - Correct Answer- Management's personal preferences


Which of the following is NOT considered a venue life-safety system? - Correct Answer-
Access management system


Which of the following methods may be used to secure the necessary venue? - Correct
Answer- Run in-house, Use a local union, contract out (ALL OF THE ABOVE)


Which of the following is an example of a commercial right within a public assembly venue?
- Correct Answer- Pouring Rights, Sponsorship, Naming Rights (ALL OF THE ABOVE)


Guarantee is a fee charged by an artist to play a venue - Correct Answer- TRUE


Its common for Pro sports teams to manage the sports arenas/stadiums they occupy - Correct
Answer- TRUE


Promoters always make a profit on concerts in large- capacity arenas - Correct Answer-
FALSE


Which of the following determines how a particular venue is organized? - Correct Answer-
Mission, Venue Type, Purpose (ALL OF THE ABOVE)


The "drop count" refers to which of the following: - Correct Answer- Number of tickets that
were scanned as guests entered building


If you "challenge" a hold in front of you, you will get the date - Correct Answer- FALSE


Startup costs typical of of a live music venue: construction, rent, 3-months operating
expenses - Correct Answer- TRUE


In booking a concert the venue normally does not have a contract with the performer -
Correct Answer- TRUE

, The ticket _______ establishes the initial inventory for an event - Correct Answer- Manifest


Which employee would not be considered part of the venue's front-of-house staff? - Correct
Answer- Stagehands


One of the primary characteristics of an area is a sloping floor - Correct Answer- FALSE


_______ refers to balances owned to others for goods, supplies, or services purchased by the
venue - Correct Answer- accounts payable


One of the primary objectives of event management is a concerted effort to minimize
problems - Correct Answer- TRUE


If I have a "HOLD" on a date I am guaranteed a call back from the venue on status of the
date? - Correct Answer- FALSE


There is no standard, single form of organizational structure within venue management
industry - Correct Answer- TRUE


Event managers only need to research hard rock concerts and major sporting events - Correct
Answer- FALSE


The load capacity refers to how much weight the rigging system can support - Correct
Answer- TRUE


A venue calendar can have no more than 6 holds at any one time - Correct Answer- FALSE


The venue engineer would be considered a back- of- house employee - Correct Answer-
TRUE


ADA stands for - Correct Answer- Americans with Disabilities Act


At which point in the booking process should the venue manager place an event on sale? -
Correct Answer- contracted

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