Content type column addition not showing in List modify view

custom-listssharepointsharepoint-2010

I am learning sharepoint and this is probably a very starter question.
I have sharepoint site with various content types and lists.
I have a list say "Test" which is coming from contentType "TestContentType"
If I add a column to content type will this column become automatically available to all lists and in ModifyView functionality of theirs?
Because currently its not.
It probably will If i add that column to list by using
Add from existing site columns options?

I had understood that any changes to content type columns are propagated to lists.
Please enlighter.

Thanks

Best Answer

When you are adding a column to the content type you get the following option.

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On selection of yes all the existing lists from the content types will get updated with the new column. This option is available during the creation of new column as well as adding existing site column to the content type and hence will be available in Modify View functionality .

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