Final answer:
Cut (A) is the action that removes an item from a document and places it on the clipboard, allowing the item to be moved to a new position.
Step-by-step explanation:
The action that removes the item from the document and places it on the clipboard is Cut (A). When you cut something from a document, the selected item is removed from its original position and temporarily stored on the clipboard, a special storage area in the computer's memory. This allows you to move that item and paste it elsewhere.
In contrast, copying (B) does not remove the item from the document but creates a duplicate on the clipboard, and pasting (C) is the process of inserting an item from the clipboard into a document. Drag and drop (D) refers to the action of clicking on an object and moving it to a new location without the use of the clipboard.