Folder booklet is a way of setting up the page in a document. We can do this is Microsoft Word 2003 by going to page set up options.
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Since the 2007 version Microsoft has become more effective with the inclusion of XML scripts.
Word helps in performing our day to day word processing activities like writing emails, making documents etc.
There are different versions that comes with additional Microsoft programs like Visio,InfoPath and its designer,Share point etc.