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reference for above content is from Microsoft learning website

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• This certification credential will give you edge over other counterparts. Apart from knowledge from Microsoft 77-427: Excel 2013 Expert Part One Exam.
• This certification will be judging your skills and knowledge on your understanding Windows Excel 2013 security concepts & Understanding of need to secure a Windows Excel 2013, what objects can be secured, what objects ought to be secured, user accounts, roles.
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Reference: https://www.microsoft.com/en-us/learning/exam-77-427.aspx

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