Questions on fields for adding a new skill to a job profile

Summary:

I'm looking for more information on the fields used to add a skilll to a job profile.

Content (please ensure you mask any confidential information):

When you add a new skill to a job profile there are a number of fields to fill out (e.g., Skill Type, Required, Importance, Source, Curation Status). Are these fields used just for informational purposes or does the value selected drive other behavior behind the scenes?

Also, is there a way to change the values that appear for Skill Type and Importance?

Version (include the version you are using, if applicable):

25A

Code Snippet (add any code snippets that support your topic, if applicable):