This is what the clip will look like once cut. In order to move it all you need to do is drag it and drop it where you like.
There are several tools on the toolbar, the only other one we used however, was the stretch tool.
As mentioned this tool simply stretched or shortened the clip or audio track we chose, this would speed up or slow the FPS (frames per seconds) and the speed of the audio clip, speeding up the audio track would make it higher pitched whereas slowing it down would make it slower, so editing the audio is difficult and not recommended. When this must be done in order to synchronize the audio track with the video, audio transitions can be used to blend both audio clips together