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In this Microsoft Access tutorial, Richard Ross demonstrates how to use conditional formatting to format fields in forms or reports based on different fields' values. He shows how to change the credit limit field to red if it's over a thousand dollars and how to make other fields, like first name and last name, also turn red based on the credit limit value. This is done by accessing design view, clicking on the field, and selecting conditional formatting. Each field can be set to look at a different field's value for conditional formatting.