Speaker notes are generated to support the Speaker when using PowerPoint in a presentation environment, Handouts are intended for distribution to the audience.
To open and view the Speaker Notes area select Notes Page from the Presentation Views group on the View tab. To enter notes click in the Notes area and type. Text may be formatted and edited in the usual ways.
Notes Master is available from the Master Views group on the Views tab. A New tab is opened and you can edit Placeholders like dates or footers, themes, orientation and backgrounds etc. You can exit the Notes Master tab by clicking the Close Master View button.
Handout Master is available from the Master Views group on the Views tab. The Handout Master tab contains commands in the following groups: Page Setup, Placeholders, Edit Theme and Background and is closed by clicking Close Master View.