I don't have the answer either but I will do my best. I don't think anybody really has a full grasp on its exact effect on the system, or if they do, they don't work for truck or equipment manufacturers because we all know that they continue to this day to turn out trucks and equipment that do not cool very well right out of the factory. It is frustrating.
The answer you want is that the compressor compresses the refrigerant and discharges it to the top of condenser. The top rows of the condenser cool the hot gas down to the temperature where it starts to condense. (Condensing happens at a higher pressure when the temperature is higher, therefore the compressor is there to increase the temperature so that the refrigerant will condense at the elevated temperarures present.) There it begins to condense on the metal walls of the condenser as it works its way down. This is happening at a theoretically constant pressure and temperature, since, whether you have one pint or one gallon of liquid in the condenser at a given pressure, the temperature remains the same. It is just that more and more of the vapor is condensing to liquid as it works its way down, giving up heat as it goes, and that is what the fan and surface of the condenser is for. If the quantity of charge is sufficient, the last, bottom few rows of the condenser will be full of solid liquid. This is where subcooling comes in. This liquid is still at a somewhat elevated temperature and the last few turns are still giving up heat, so the temperature of this liquid begins to drop below the condensing temperature mentioned above before it exits the condenser rows. Measuring subcooling at the condenser outlet will give you some idea of how many rows of the condenser are full of liquid.
This must be done very accurately with a probe made for the purpose and surrounded with an insulating compound. It would be even better to put multiple probes on the last few rows of the condenser to know where subcooling starts (the liquid level) but we are getting into engineering now instead of field service, and in real life it isn't that clear cut anyway.
In the old days we used to use a glass window on the receiver/dryer and charge to solid liquid but some manufacturers say that with R134a, the window may never go solid anymore, and they are usually hard to see anyway.
The bottom line answer is, who knows? Like anything, they make it work good enough to get it off the showroom floor, and patch it up good enough to make you go away, and after 1 year, it is up to you to try and keep it working.