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In this tutorial, the presenter demonstrates how to undo and redo actions in Microsoft Word. To undo an action, you can either press Control + Z on your keyboard or click the back arrow icon located under the Home tab. For redoing an action, you can use Control + Y or click the forward arrow icon. The tutorial emphasizes that these functions are straightforward and aims to assist users in efficiently managing their typing actions in Word. The presenter expresses anticipation for future tutorials.