By this video we can learn that how can we create and manage multiple version of document. So, that we would not have to face any work loss. Microsoft Office 365 enables the user to update the latest version of document. The situation in which multiple copies of any particular document has been created, in that case we want to know that which copy is the latest one. The situation in which we want to match the current document with the original one. The situation in which we want to know that who has made changes in which file. By restoring a version of the file we can solve above situation. We can also create more version of the shared file by restoring it.