DemoPad.com

I would like to set up a drop-down selection list on a page in order to set a value of a label. So, for instance:

If I have a drop down list of:
ItemA
ItemB
ItemC
ItemD

If I Click (select) "ItemA", the Action would be to Set a Label [EXAMPLE] Data:12345

How do I create the Drop Down List to view on the page and select a given item from it? Is that possible?

Yes - Create a button, and assign the label to it. When you tap the button, show a subpage which has say 4 buttons on it, each with a different list option. When any of those buttons is tapped, change the label to the appropriate value, and hide the subpage.