Which dialog do you access to create a new watch in the Watch Window?

To create a new watch in the Watch Window, the correct dialog to access is the Watch Window dialog. This dialog specifically provides the interface necessary for managing watches on formulas and cell values within a worksheet. Users can open the Watch Window to add or remove watches, making it an essential tool for monitoring specific cells as calculations occur or as data changes.

The ability to create a watch is important because it allows users to keep track of critical data points without having to constantly navigate across the worksheet. This functionality enhances productivity and ensures that users can quickly see the impacts of changes made elsewhere in their workbook without disruption.

In contrast, other dialogs mentioned are not suited for creating watches. The Add Watch dialog does not exist, as watches are managed directly through the Watch Window. The Formula Auditing dialog is primarily designed for analyzing and troubleshooting formulas, and while it helps ensure that calculations are correct, it does not handle watching cell values. The Cell Reference dialog also does not pertain to watching cells but rather refers to identifying and selecting specific cells within the context of formulas or references. Hence, it is the Watch Window dialog that is essential for setting up watches.