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The status bar is the gray bar across the bottom of your PowerPoint window. You're used to looking at it to change your view, but it does so much more. On the left it starts by telling you what slide number you are on. Here, it tells you the name of the theme that you're using. If you have any spelling errors, this button will take you into the spellchecker. On the far right, you can use these buttons to switch your view. You can click on the percentage to Zoom in or out on your slide. You can also use the minus and the plus, to Zoom in and out or pick up the little arrow and drag it.
On the far right, if you click on the Fit slide to current window, you'll get a perfectly sized slide. But that's not all the status bar can do; right click anywhere on it and you'll get a list of tools that you can add. Notice that most are already checked by default but they don't show up. They appear when the context is right. For example, you won't see the spell check icon, if there are no typos, or you won't see anything about permissions appear until you actually lock down the document. If you're not using some of the features, like these two for collaborating on SharePoint, you can't turn them off. But there's no harm in leaving them checked, since they only show up as needed anyway.
By customizing your status bar, you can know where you are in your document, change the view, and make tools available to help you see the status of your document at a glance.
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