What information does the current-time display show?

The current-time display shows the timecode for the current frame being viewed in the timeline of a video editing project. This indication is crucial for editors as it serves as a reference point to understand the precise location within the sequence they are working. Timecode is typically presented in hours, minutes, seconds, and frames (HH:MM:SS:FF), allowing for accurate navigation, synchronization, and editing of video clips.

Understanding the current-time display is essential for tasks such as trimming clips, syncing audio with video, and setting in and out points for a specific section of footage. This capability enables editors to make precise adjustments and ensure that their edits align perfectly with the overall flow of the project. The other options, while relevant in their own contexts, do not provide the immediate, frame-specific information that the current-time display offers.