The short answer is yes. The long answer is that we support the Microsoft PowerPoint Viewer but it does have some limitations as it requires full screen and licensing from Microsoft. And so we highly recommend, that you simply spend $40 and get a PPT > SWF convertor (Power Point to Flash converter).
We recommend these two:
http://www.acoolsoft.com/
http://www.flashdemo.net/
which allows you to save directly from PowerPoint onto a swf file, easy!