The answer to your first question is 'yes', you can create a form in designer and fill it using Acrobat.
For the second question if the query is about including the data from excel to form you can certainly do that.Kindly refer steps mentioned in the below document :
The answer to your first question is 'yes', you can create a form in designer and fill it using Acrobat.
For the second question if the query is about including the data from excel to form you can certainly do that.Kindly refer steps mentioned in the below document :