
Note:
On renaming the choices, the records with the existing values will be updated with the new choice values, wherever applicable. For instance, you have records with choice values as 'a', 'b', and 'c'. You rename 'a' to 'x'. Once this change is saved, wherever the value 'a' is found in the existing records, it will be replaced with the new value 'x'. But, the values 'b' and 'c' will remain unchanged.