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What are the differences between using an Excel workbook in Excel Online and Excel desktop?
Differences between Excel Online and Excel
Can multiple people be editing the same MS Office file stored on OneDrive at the same time?
One of the benefits of storing MS Office files on OneDrive as opposed to on the shared network drives is that multiple people can work on the same file at the same time, but there are some caveats.
FAQ: Microsoft 365 Apps for Students (formerly Microsoft Office 365)
Frequently asked questions related to Microsoft 365 Apps suite for students.
Restoring Previous Version of a File
How to restore a backup of a file from One Drive