What should you do after typing the password in the Encrypt Document dialog?

After typing the password in the Encrypt Document dialog, the correct action is to click the OK button and reenter the password. This step is crucial because it ensures that the password is entered correctly before the document is encrypted. When you are working with sensitive or confidential information, encryption provides a layer of security, and a correctly entered password is vital to achieving that. By having to reenter the password, the system helps mitigate the risk of a typographical error that could prevent access to the document later.

While saving the workbook for secure password protection is certainly an important part of maintaining security, the immediate task at hand requires validation of the password entry through the OK button and confirmation. Closing the workbook or navigating away from the Protect Workbook menu interrupts this necessary process, potentially leading to data security issues or loss of the intended encryption.