Comment by zozbot234

I surmise that the password feature is not meant for true security. It's not protecting the whole document, just the spreadsheet formulas and VB code. Requesting a password for changes to the formulas obviously prevents accidental mistakes, and makes it unambiguously clear that only some people in the enterprise (those who know the password) are 'supposed' to make these edits. Quite clever, as far as it goes.