Example: Conditional Formatted Label:

1 - To create a Conditional Formatted Label
2 - Click Insert > Controls > Formatted Label
.....To display this...

Example: Conditional Formatted Label:
1 - To create a Conditional Formatted Label
2 - Click Insert > Controls > Formatted Label
3 - Click the Matrix Icon [ ]
in the Matries group on the side panel
4 - Selec 1 Row by 3 Columns
......To display this...

5 - In the 1st placeholder enter " OK "
6 - In the 2nd placeholder enter "white"
7 - In the 3rd placeholder enter "red"
8 - Press Enter
......To display this...