File validation in PowerPoint must be enabled.
This policy setting allows you to turn off the file validation feature. If you enable this policy setting, file validation will be turned off. If you disable or do not configure this policy setting, file validation will be turned on. Office Binary Documents (97-2003) are checked to see if they conform against the file format schema before they are opened.
How this relates to the STIG checklist: STIG vs SCAP benchmark.