What is the purpose of using the format painter?

The format painter is a tool that allows users to quickly copy the formatting from one element and apply it to another within a document. When using the format painter, you can select a piece of text or object that has the desired formatting attributes, such as font style, size, color, or alignment. By activating the format painter and then clicking on another text or object, you transfer those formatting attributes without altering the actual content itself. This feature streamlines the process of maintaining consistent formatting across a presentation, enhancing both the efficiency of your workflow and the overall appearance of your slides.

The other options listed do not accurately describe the primary function of the format painter—creating a new text box involves different tools, changing the color of the text can be done through the text color options independently, and deleting unwanted formatting requires different actions rather than copying existing format styles.