MS Excel
Each excel file is called a workbook because

It can contain many sheets including worksheets and chart sheets
It can be modified
You have to work hard to create it
It can contain text and data

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MS Excel
When you want to insert a blank embedded excel object in a word document you can

Click the create worksheet button on the formatting toolbar
Click the object command on the insert menu
Click the office links button on the standard toolbar
Click the import excel command on the file menu

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