Based on the information provided, no identifiable LGBTQ+ characters or themes are present in the film "What Women Will Do." Therefore, an evaluation of its portrayal of LGBTQ+ elements is not applicable.

The film 'What Women Will Do' features a female character who cross-dresses as a man for professional advancement. This narrative device is a disguise and does not involve themes or characters identifiable as transsexual, resulting in no depiction of such identities.

The movie does not contain any action or adventure elements.

This 1921 silent film is an original production for its era. There is no evidence of source material, prior installments, or historical figures with established genders that were altered in this film.

This 1921 silent film is not an adaptation of a known source with established character races, nor does it depict historical figures whose race is documented. There is no evidence of any character being portrayed as a different race than previously established.