MS Excel
To delete an embedded objects, first

Select the object by clicking it
Double click the object
Select it and then press the delete key
Press the Shift + Delete keys

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

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

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