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Toggle Formatting

 Show Formatting -

Shows or hides character formatting (such as bold and italic) in normal view. In slide sorter view, switches between showing all text and graphics on each slide and displaying titles only.

This is switched off by default

For presentations that use a plain font, for example Arial there is not much difference.

When a presentation has been created from a variety of sources and the fonts are inconsistent this option can be useful to display the text in a consistent format.

You can also add bulleted text in the Outline Pane just as easily

Never press enter after the very last bullet