Conditional format a cell with a drop down value with a different text based on another cell date value

Mr Dean

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Jun 28, 2019
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how to Conditional format a cell with a drop down list with a different text value depending on another cell which has a date entered.

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If A1:Z1 uses a drop down list containing multiple items ie. review, checked, completed and B1 has a date which is manually entered when completed, can A1 be formatted to then show the word 'closed'?
 

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Conditional formatting doesn't change values in the cells its applied to, only the format of those cells.
 
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