The correct answer is: C. Layout of Handout
A handout master is a special type of slide master that contains the formatting and layout for the handouts that will be generated from your presentation. It includes the number of slides per page, the margins, and the header and footer information.
A slide master is a template that contains the formatting and layout for all of the slides in your presentation. It includes the slide title, the slide number, and the background.
A slide transaction is a change that is made to a slide. This can include adding or removing text, changing the font or font size, or adding or removing objects.
The layout of a slide is the arrangement of the elements on the slide, such as the title, text, and objects.