You can copy and paste files to duplicate them, or cut and paste them to move them from one folder to another in the repository. When you cut files from a folder and paste them into a different folder, the LMS keeps track of their new location.
Administrators with unrestricted access to the Repository Manager feature in System Roles (Manage Features > Manage Features) and unrestricted access to a file can remove it from a repository folder.
When you paste files into a different folder their previous access permissions (either inherited or file-specific) are removed and they inherit the permissions from their new parent folder.
To move or copy files to a different folder
Additional Information
Configure File Access Permissions