Displays the path of the file you are going to paste.

Select Paste to embed the object on the form. When you embed an object on a form, your container application stores all the information for the object. It is not necessary to have an external file. 

Select Paste Link to link the object to the form. When you link an object to a form, the main source is stored in a file so that when you update the object, the source file is also updated.

Lists the type of application object you are pasting. The application listed is the source application from which you received the object that you are pasting.