The Text tool allows us to draw text on the stage. The text font, size, color and paragraph formatting can be changed in the Properties panel.

         When working with the text, we can modify the following text attributes in the Properties panel:
         These settings are organized into named sections of the Properties panel:       =>Text field instance name: This identifier allows the Flash Player to put your dynamic data in the correct field.
     =>Text Engine
            TLF Text: The preferred type of text when working in Flash CS5. TLF text uses Flash Player 10 and ActionScript 3.0 to render the highest quality text in the Flash Player.
           Classic Text: Flash’s legacy text engine. Use Classic Text when targeting Flash Player versions earlier that Flash Player 10, or ActionScript versions earlier than 3.0.       =>Text Type:
            TLF Text options: TLF text gives three options — Read Only, Selectable, and Editable. Set this behavior first to invoke the relevant options in the Properties panel.
           Classic Text options: The text type drop-down at the top of the panel enables you to specify Static Text, Input Text, or Dynamic Text for your text box type.        =>      =>CHARACTER:
       Font Family, Style, Embedding, Size, Tracking, Leading, Superscript/Subscript, Underline/Strikethrough and so on options are available.
     =>PARAGRAPH:
                Align, Margin , Intent, Spacing, and so on options are available.