CART CART Business and Career Development 3

Question 1

Which business record-keeping practice is most important for an independent CART provider at tax time?

Accepted Answer

Tracking all business income and deductible expenses such as equipment, software, and continuing education throughout the year

Answer

Filing taxes on a quarterly basis only if gross income exceeds $100,000

Answer

Keeping records only for assignments completed for government entities

Answer

Retaining client contracts but discarding invoices after payment is received

Question 2

A CART provider receives a last-minute cancellation from a client. The service agreement should ideally include:

Accepted Answer

A cancellation policy specifying fees or notice periods to protect the provider's income

Answer

A clause requiring the client to rebook within 30 days

Answer

A provision requiring the provider to find a replacement for the cancelled slot

Answer

A penalty requiring the client to purchase equipment on behalf of the provider

Question 3

Which of the following best describes remote CART (sometimes called Typewell or remote captioning)?

Accepted Answer

The provider captions audio in real time from an off-site location, transmitting text to the consumer via the internet

Answer

A method where the consumer types their own captions using specialized software

Answer

A form of CART used only in outdoor environments without reliable Wi-Fi

Answer

Automatic speech recognition that operates without a human provider

Question 4

When negotiating rates for a long-term institutional contract, what is the primary consideration for a CART provider?

Accepted Answer

Ensuring the rate covers all costs—equipment, taxes, insurance, continuing education—while remaining competitive

Answer

Matching the lowest rate offered by any competitor regardless of individual costs

Answer

Charging the same hourly rate as court reporters regardless of assignment type

Answer

Accepting a lower rate in exchange for the promise of future referrals without a written guarantee

Question 5

What is the professional obligation of a CART provider who discovers they have made a significant error in a transcript after delivery?

Accepted Answer

Notify the client promptly, provide a corrected transcript, and document the correction

Answer

Quietly update the file without informing the client to avoid embarrassment

Answer

Provide a discount on the next invoice as compensation without explaining the reason

Answer

Only correct the error if the client independently notices and requests a revision

Question 6

A CART provider is considering expanding into the corporate market. What distinguishes corporate CART assignments from educational ones?

Accepted Answer

Corporate assignments often involve proprietary business content, stricter NDAs, higher rates, and diverse technical vocabularies

Answer

Corporate clients exclusively use on-site captioning and never accept remote services

Answer

Educational assignments require certification while corporate assignments do not

Answer

Corporate CART is regulated by the FCC while educational CART falls under the Department of Education