Paragraphs

There are several ways you can change the formatting of your text.
1) Using the Formatting toolbar.
2) Using the (Format > Font) dialog box.

Using the Formatting toolbar

You can either use the (Format > Font) dialog box or using the Formatting toolbar buttons.
You can add bold, italics, underline for extra emphasis
This lets you change the formatting for individual characters, words and sentences.

Also using the Formatting toolbar
Fill Color -
Line Color -
Line Style -

Soft Returns

Sometime PowerPoint will break a line of text at an awkward spot, which can make the text hard to read.
For example the bullet point might be slightly too long to fit on one line.
SS
To prevent the last word from being on the second line on its own you can use what is called a soft return.
This will create a line break that does not actually start a new paragraph. This can be entered by pressing (Shift + Enter).

Options

(Save tab, Embed TrueType fonts) - Stores the TrueType fonts used to create a presentation in the presentation file itself.
(Save tab, Embed characters in use only) - For TrueType fonts in your presentation, embeds only the characters used in the presentation, which may decrease the file size.
(Save tab, Embed all characters - For TrueType fonts used in your presentation, embeds the entire set of characters. Users who don't have the True Type fonts used in your presentation installed on their computers will be able to edit the presentation.

Important

A lot of the PowerPoint text formatting is identical to that in Word.
You can also remove all the formatting by highlighting the text and pressing (Ctrl + Spacebar).
You can quickly change the font for all the slides by changing the default font on your Slide Master.
Always use fonts consistently in your presentations and try not to combine too many fonts in the same presentation.
Using Emboss should be avoided especially for smaller fonts and is also not very clear when used with some colour schemes.