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Sharing a workbook enables multiple users to access it. What are the benefits of using a shared workbook?

Answer :

Final answer:

Sharing a workbook enables multiple users to access and collaborate on a single Excel file, providing real-time collaboration, version control, and commenting/tracking changes features.

Explanation:

Sharing a workbook allows multiple users to access and collaborate on a single Excel file. Some benefits of using a shared workbook include:

  1. Real-time collaboration: Users can make changes to the workbook simultaneously and see the updates in real time. This allows for efficient teamwork and faster completion of tasks.
  2. Version control: Shared workbooks automatically save changes, ensuring that everyone has access to the most up-to-date version. This eliminates the need for manually merging separate copies of the file.
  3. Commenting and tracking changes: Shared workbooks provide features for leaving comments, tracking changes, and resolving conflicts. This promotes effective communication and collaboration among users.

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