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SilkTest has many methods and functions to extract and verify data.
Methods such as GetChildren(), GetText(), GetContents() among others (see SilkTest online help) allow you to extract data from your application.
For Verification you could use methods and functions such as VerifyProperties(), VerifyEnabled(), Verify(), etc.
For more methods and functions for data extraction as well as verification, please consult SilkTest Online help.