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I have two spreadsheets, the first sheet has a list of data:

companies

company A  
company B  
company C 

In the second sheet I need to create a drop down menu to fetch the companies from the first sheet, so I could choose the company from a list of the previous companies.

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use the Importrange() command to put a copy of the data into a helper-sheet in the 2nd google Sheets file.

And then use the Data Validation function to restrict the values, based on this.

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