I have a large Word document in which I would like to 1) find out if the
document contains specific words, which I have listed in a separate document
and 2) highlight by bold or underline any occurence of the select words in
the document.

Is there a way for me to do this automatically. I would like to easily
identify the incidence of the select words in the document without having to
read and highlight the document, as I know that I will miss many incidences
of the words.