Dynamic Visibility- Dynamic Visibility will enable Background Builder to show or hide with the dashboard.

Status- Status lets you select a cell in the embedded spreadsheet to control the visibility of the component. If the value in the Status cell equals the value of the Key, the component will be displayed.

Key- Key lets you specify the value that the Status must match for the component to become visible. Enter the value in the box or use the cell selector to bind the value to a cell in the embedded spreadsheet.