What does the toggle source/record in the timeline function allow you to do?

The function of toggling source/record in the timeline primarily allows you to view the waveforms of audio clips as they are laid out in the timeline. This is especially useful for audio editing, as it provides a visual representation of audio levels and helps in making precise adjustments to the audio tracks. By displaying waveforms, you can more easily identify peaks, valleys, and overall audio dynamics, which aids in achieving the desired sound quality and editing accuracy.

Other functions, such as switching between audio and video tracks or accessing source control settings, do not directly relate to the waveform display functionality and are typically managed through different controls or interfaces within editing software.