What is the general workflow for creating formatted text fields using

ActionScript?

What will be an ideal response?

The general workflow is:
A) Create an embedded font that is accessible via ActionScript.
B) Create a new instance of the TextField object.
C) Set the format of the text using a TextFormat class instance.
D) Assign the text to the TextField instance.
E) To make changes to the text after it has been assigned, use the
setTextFormat method.