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Answer:

Yes, they are essentially the same product.

Answer:

Cooking sherry contains salt; dry sherry does not. Cooking sherry cannot be used in drinks at all (it's only palatable in cooking--hence the name). If you use it in place of dry sherry in a recipe, you may want to reduce the salt elsewhere in the recipe.
First answer by IncaBlue. Last edit by JazzHarper. Contributor trust: 81 [recommend contributor recommended]. Question popularity: 1 [recommend question].