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What is the difference between MVG & Dynamic Pick List? 

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. MVG—More than one value associated with Single field. In Dynamic Pik list Values are drawn from the BC.

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