That isn't what I am talking about though. In fact, it is contradictory to what I experienced.

In this case, it would be "2. Disable all macros with notification: In this settings the macros are disabled but still each time when you open an excel sheet with a macro it will ask you if you want to run the macro or not."

The file I am referring to is not in a trusted location. Yet, it will automatically activate macros even when "disable all macros with notification" is selected.

FYI, I also tried disabling all trusted locations (just to be sure) and the file still opens with macros enabled (contradictory to the user request to ask for notification). So something isn't quite adding up to me.