Need guidance on POP3 vs. IMAP

If I set up an email account as IMAP on two Windows 10 computers running Outlook, will email deletions on one PC automatically delete that same email from Outlook on the other PC?

I remember seeing it work this way years ago with Exchange.  But over the years all I've ever used is POP3 setups, so before I spend the time to change over to IMAP I'm hoping someone can provide guidance.

And I am under the impression that I don't need to do anything different in terms of configuring this email account with my email provider, true?  (We use Network Solutions).  I could not find anything about it on their site, so I'm guessing that it all has to do with how the email account is set up on the PCs in Outlook.  Is that correct?

TIA