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Embedding objects -
*******************
When you embed an object, a copy of the object is inserted
into the destination document. There's no link to the
original file. When you change information in the
source document, no changes will be reflected in the
destination document. The actual data for the object is
stored within the destination file. To make changes to the
embedded object, double click it and it will launch the
original application the source file was in.
Linking objects -
*****************
Information is updated when you modify the original source
file when you use a linked object. This dynamic updating is
very handy for things such as the aforementioned monthly
report. You can open up the Excel spreadsheet that is
referenced within your Word document.Make changes
to the spreadsheet, close Excel, and when you open your
Word document... viola! The changes are already there. If
that object is linked to ten other Word files, the changes
are already in those ten files, too!
actually linking or embedding an object is fast and easy.

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