Answer: True
Step-by-step explanation:
Element is a pure substance which is composed of atoms of similar elements.It can not be decomposed into simpler constituents using chemical reactions. Example: Copper
Compound is a pure substance which is made from atoms of different elements combined together in a fixed ratio by mass. It can be decomposed into simpler constituents using chemical reactions. Example: water
In water the ratio of hydrogen to oxygen is always 2:1
Thus the statement compounds are made of more than one type of element bound together in fixed ratios is true.