It is on raiser blocks, so setting up without twist in the bed will be easier.
(If in doubt how to do this, read Ian Bradley’s “Myford 7 Series Manual” or his “The Amateur’s Workshop”)
You will probably find a set of Zeus Charts useful, also. I still use my dirty, dog eared copy from 1958.
If you want, I can suggest other books on basic operation of lathes. (To be seen on other ” Newbie” posts).
Hope this helps
Howard