MS Excel
A circular reference is

A formula that either directly or indirectly depends on itself
A cell that points to a drawing object
Geometric modeling tool
Always erroneous

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

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

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