What feature is enabled when using the Slip Tool?

The Slip Tool is designed specifically to allow users to change the in and out points of a clip while keeping its overall duration intact. When using the Slip Tool, you can effectively shift the clip's content forward or backward in time, which means that the visible portion of the clip will change, but the total length of the clip remains the same. This feature is particularly useful when you want to adjust the specific content displayed in a timeline without altering how much of the timeline it occupies. This functionality provides a flexible way to refine edits and ensure the timing of a sequence aligns with other elements, such as audio or other video clips.

The other choices do not align with the primary function of the Slip Tool. Editing audio tracks or adjusting transition effects involves different tools or methods within video editing software. Similarly, color correction pertains to altering the visual properties of a clip rather than changing its timing or displayed content. Thus, the Slip Tool’s unique capability is to adjust the visible part of a clip while maintaining its overall length, making this choice the right one.