The correct answer is: B. Commonly found shapes.
The AutoShapes tool provides you with a variety of commonly found shapes, such as lines, arrows, rectangles, circles, and stars. You can use these shapes to create diagrams, illustrations, and other visual elements in your presentations.
Option A is incorrect because the AutoShapes tool does not provide you with fancy text. You can use the WordArt tool to create fancy text.
Option C is incorrect because the AutoShapes tool does not allow you to create any shape you want. It only provides you with a variety of commonly found shapes.
Option D is incorrect because the AutoShapes tool does not provide you with clip art. You can use the Clip Art task pane to insert clip art into your presentations.