You can show the Tree Viewer (which is not in the default layouts) with [Viewers] -> [Tree Viewer]. (Note that this component used to be called the DAG View.) The Tree Viewer displays all the possible paths to the currently selected term or terms:

This display shows a view of the ontology where every link that does not end in the selected term has been removed. Hence, every leaf in this tree is the currently selected term.
At the bottom left of the screen is a summary of the number of paths in the trimmed view. A path is a unique collection of links that leads from the selected term to the ontology root. In gthe example above, there are 6 paths to the root from "glycosome". Note that even if a term only has one parent, it may have multiple paths to the root if one of its ancestors has multiple parents. The sub-selection location is displayed in dark blue and all other locations of the term are shown in light blue. Right-clicking (alt-clicking on Mac) one of these light blue locations in the ontology will cause the sub-selection in the Ontology Tree Editor to be changed to the new location.
To configure the Tree Viewer, press the wrech icon in the top right corner of the panel. A configuration window will appear:
Configuration options: