> 1) I am trying to convert sound fx and music from cds from 44.1 to 48, and
> am following the instructions in the manual
Are you trying to use Final Cut Pro to import CD tracks directly from a CD you put into the computer? You can't do that. Final Cut Pro will create a reference to the CD track itself, but will not produce a corresponding file.
You need to use iTunes or Compressor to convert the tracks from the CD. Insert the CD, go into iTunes, set preferences (APPLE-Y; Advanced - Importing, set to AIFF encoder, 48kHz, 16-bit). Choose the destination of the converted files (APPLE-Y; Advanced - General - iTunes Music Library location), then select the tracks, go to Advanced - Convert Selection to AIFF.