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In this tutorial, the presenter explains how to undo or redo actions in Microsoft Word. To undo an action, you can press Ctrl + Z on your keyboard or click the back arrow in the toolbar, which is located under the Home tab. For redoing an action, use Ctrl + Y or click the right arrow icon. The process is straightforward and allows users to easily manage their typing actions. The presenter hopes this information is helpful and looks forward to future tutorials.