Question

Adobe audition gives you the option to either add a effect plugin(s) on a track or you can process the preset effects directly on the audio file will studio one give us this option?

Answer 1

https://s1manual.presonus.com/Content/Editing_Topics/Track_and_Event_Inspectors.htm

Event Effects

It is possible to insert effects directly on an Audio Event in the arrangement, as opposed to inserting effects on the entire Audio Channel for the related Track, thereby affecting all Events on the Track. Event Effects are commonly used to add variety to the arrangement or to insert utility effects, such as pitch correction, into specific Events.