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In this fast tips video from Access Learning Zone, instructor Richard Rost demonstrates how to hide or show fields based on another field's value using the visible property in Microsoft Access. The visible property can be useful in various situations, even for those without programming knowledge. For instance, in a customer form, the auto-number customer ID may be needed for functionality but should remain hidden from users. To achieve this, one can delete the label of the field and set its visible property to "no." Additionally, it is recommended to reposition the hidden field off to the side, allowing it to be present in the form without being displayed to the users.