What does the 'Track Changes' feature in Word allow users to do?

The 'Track Changes' feature in Word is designed specifically to assist users in monitoring and managing revisions made to a document. When this feature is activated, any edits, deletions, and comments are visibly marked, making it clear what alterations have been made from the original version. This functionality allows multiple users to collaborate effectively, as it maintains a record of changes and provides a means to review contributions from different editors.

This capability to record previous versions during edits is invaluable in collaborative settings, ensuring that all modifications can be seen and, if necessary, reverted, thereby facilitating a more organized and transparent editing process. Users have the option to accept or reject each change, which allows them to refine the document until a final version is agreed upon.

The other choices relate to different functions that Word offers but do not pertain to the capability of tracking and managing changes in a document.