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How do I update a field from Accounts to a field in Opportunities?



I have a field in Accounts:  Setup_Stage__c - it is a picklist

What I want to happen is that when someone selects 'Completed'

from this field and saves, I want the field Stage (which is also a picklist)

in Opportunities to update to the value 'Approved'.


Is this possilble? And if so, need a little help with this one.