The dashboard contains blocks or tiles with links to manage the component. If the link is associated with any database table, it will show total number of records in the table.
The configuration contains settings for that control the workflow and display of the component. Besides, some settings are controlled by menu item options.
The text visible on the front-end can be changed by creating language override.
Navigate to Extensions -> Languages -> Overrides. Then, select the language and create New override.