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For easy access to the Settings pane, memorize the Windows key + I shortcut. (That's a capital eye, not a lowercase ell.)
The Settings link at the top of this pane applies to the program you're using when you press it. If you're at the Windows desktop, the options include the desktop Control Panel, Personalizaiton options (themes, colors, and so on), and System Info.
Use the icons at the bottom of the pane to change the volume or adjust other system settings. The More PC settings link at the bottom of the pane takes you to the simplified Metro style control panel.