You can edit item bank items in New Quizzes. Edits will display in any assessment that uses the item. If students have submitted answers for an item, you can only edit a copy of the item. Editing a copy will create separate statistical data from the previous version of the item.

When editing an item, you can also add tags to the item. Tags can be used to search for items within item banks. Added tags will display on the item in the bank and in any assessment that uses the item.