What is the correct procedure to secure a workbook with a password?

To secure a workbook with a password, selecting the Encrypt with Password option is the correct procedure. This option allows users to set a specific password that must be entered to open the workbook. When you apply this encryption, the workbook content is protected, and unauthorized users will not be able to access the information without the password.

The Encrypt with Password feature helps ensure that sensitive data remains confidential, as it directly restricts access to the workbook. By defining a password, you create a barrier that protects the workflow and prevents unauthorized modifications or viewings, making it a crucial choice for data security.

In contrast, other options, like using the Protect Sheet or disabling editing, serve different protective functions. Protecting a sheet allows you to restrict editing within a specific sheet rather than securing the entire workbook. Meanwhile, disabling editing does not necessarily protect the workbook from being opened; it merely limits what can be done once it is open. The Encrypt with Password function encompasses a broader level of security for the entire file, making it the correct choice for password protection.