There is more than one way to do this. The simplest is by cutting and pasting (or sometimes dragging and dropping) an item from one application document to another.
But what if you have a suite of documents that change often? What about that monthly report which contains the same text and references the same Excel spreadsheet? You don't want to keep recreating the Word document that contains the updated spreadsheet every month.
Well rest easy, because you do not have to.
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