A family of Microsoft spreadsheet software with tools for analyzing, charting, and communicating data.
I believe what you cited as the Office Version Number is a typo — there is no such version but there is a 16.78.3 which is more than 2 years out of date. In fact, it precedes the introduction of Tahoe by more than a year.
The current build of Office is 16.107 but you may not be able to apply it because your version of Microsoft AutoUpdate most likely as obsolete as the software. If you go to Help> Check for Updates but get a notification that all apps are up-to-date you'll first need to retrieve the current version from this link: Download Microsoft AutoUpdate 4.82 Package