When Should the Auto-Iris Control Be Used

question 8

Multiple Choice

When should the auto-iris control be used?

• A) under normal conditions
• B) when shooting outdoors
• C) when shooting indoors
• D) during most camera operations except zooming
• E) when there is no camera movement

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Definitions:

Single-Step Income Statement

A simplified income statement that calculates net income by subtracting expenses from revenues in one step.

Statement of Owner's Equity

A financial statement detailing changes in the equity of a company's owner(s) over time, including contributions, withdrawals, and the impacts of net income or loss.

Administrative Expenses

Overhead expenses not directly attributable to specific business operations, such as salaries of senior executives.

Periodic Inventory System

A method of inventory valuation that requires a physical count to determine the end-of-period inventory and cost of goods sold.