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Thanks for your helpful and detailed response!
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Thanks for your helpful and detailed response!

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Some Files, in Finder, &nbsp;located in iCloud [as shown in CMD-I Info output] have 'Cloud Symbol' with down-pointing arrow to right of file/folder name. Opening file deletes 'Cloud Symbol' - this does not change CMD-I Info output] status, that is file/folder still in iCloud.<br />
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What does this &nbsp;'Cloud Symbol' with down-pointing arrow mean, and why does it disappear?<br />
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To add to my confusion, opening the file returns 'Modifications aren't in sync. Choose which versions to keep' and lists 3 versions all with same name/location and date/time.<br />
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What's going on? I do understand that some folders have been moved to iCloud, e.g. local 'Documents' - what is the meaning of above?
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Some Files, in Finder,  located in iCloud [as shown in CMD-I Info output] have 'Cloud Symbol' with down-pointing arrow to right of file/folder name. Opening file deletes 'Cloud Symbol' - this does not change CMD-I Info output] status, that is file/folder still in iCloud.

What does this  'Cloud Symbol' with down-pointing arrow mean, and why does it disappear?

To add to my confusion, opening the file returns 'Modifications aren't in sync. Choose which versions to keep' and lists 3 versions all with same name/location and date/time.

What's going on? I do understand that some folders have been moved to iCloud, e.g. local 'Documents' - what is the meaning of above?

Meaning of MacOS [Sierra 10.12.3] 'Cloud Symbol' with down-pointing arrow

Mac OS X is the desktop operating system from Apple Inc., found on Macintosh computers. OS X consists of a Mach/BSD-based kernel, operating system interfaces primarily based on FreeBSD and additional frameworks (written in C, C++ and Objective-C providing user interface and application-level services.