What can you achieve using the Transform command in Photoshop?

Using the Transform command in Photoshop allows you to manipulate the selected layers in various significant ways. This includes resizing, rotating, skewing, inverting, and distorting the layers, which provides a great deal of flexibility in how images are presented. These transformations are vital in graphic design, allowing for the adjustment of elements within a composition to achieve the desired visual impact.

Resizing changes the dimensions of the layer, which is essential for fitting elements within a specific layout. Rotating allows you to pivot the image at any angle, which can be useful for aligning graphics or text. Skewing and disturbing reshape layers in ways that can add creative flair to your designs. Inverting the layer gives a mirror effect that can be used for artistic purposes.

In contrast, altering file formats pertains to saving or exporting an image in different types, which is not achievable through transformations. Adjusting color levels for better contrast relates to image adjustments and does not fall under the Transform command. Similarly, applying a filter affects the visual properties of the image rather than its structural form, which is also outside the scope of the Transform command. Thus, the Transform command is specifically focused on changing the geometric aspects of layers, justifying the choice as the correct answer.