Question

2) Which text format is this, “The text is transcribed exactly as it sounds and includes all the utterances of the speakers. ”?

Answer 1

The text format is Verbatim transcription..
since you have written and described it..

The intelligent transcription is also available where all the speakers are identified..

Answer 2

The text format is verbatim transcription which include all utterances, where we capture all the filters like hmm...., uhuhuh... even laughter etc.