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What is the difference between MVG and Dynamic PickList?

Siebel Interview Question
Siebel Interview Question

Answers:

Answer #1
A1: A new value could be added through an MVG where as Dynamic Pick Applet could only be used to pick a value from a pick applet which could be constrained to show relevant data. A value entered through an MVG will show up in a Dynamic Pick Applet if the Dynamic Pick Applet is based on that MVG.

Answer #2
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