What Does These Abbreviation /Keyword Mean in Media

question 17

Multiple Choice

What does these abbreviation /keyword mean in Media ?
-or O.C.

• A)off-screen or off-camera
• B)offset camera
• C)optical camera
• D)none of the above

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Definitions:

Assumes Liability

Taking on the legal responsibility for a debt or obligation.

Realized Gain

Profit from the sale of an asset or investment when the selling price exceeds the original purchase price.

Ordinary Income

Income earned through standard operations, including wages, salaries, commissions, and interest income, typically taxed at normal rates.

Schedule C

A document sole proprietors utilize to declare their business earnings and deductions to the IRS.