What command on the insert ribbon creates a preformatted placeholder for text in a document?

The correct answer to the following question is: To insert any formatted placeholder for text in a document we use the "Text Box" command.

Explanation:

In the Microsoft Office, there are many tools for different work like word-processor, worksheet, presentation software, etc. For text work, we use the word-processor. In the word-processor, there is a text-box command that is used for providing the formats to write the text on the documents.

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