AdWords Editor allows users to:

Access multiple accounts offline.
Make live edits to multiple accounts simultaneously.
Invite new users to share accounts.
Find relevant ads on Google partner sites.

The correct answer is:

Access multiple accounts offline.

Explanation: The basic process is simple: download one or more accounts, make changes offline, then upload the changes to AdWords.

You can read more here: https://support.google.com/adwords/answer/2484521?hl=en

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