1973 340 issues.

because a leakdown test can tell you more accurately where the leak is coming from. if you detect air coming from the oil pan it points to rings. if from the exhaust ports from a bad exhaust valve, from intake port it points to a bad or bent intake valve, if from between the head and block a blown gasket or cracked head

Please explain in detail how the leakdown test will "more accurately" determine where the leak is coming from better than putting air in the cylinder.

Leakdown testing determines HOW MUCH a certain thing is leaking. All he needs to know is WHAT is leaking. He already has the how much.