Answer: The given statement is false.
Step-by-step explanation:
Chemical changes are defined as the change which tend to show difference in chemical composition of a substance.
For example, toxicity, reactivity, combustion etc are all chemical properties.
A chemical change will always lead to the formation of a new compound.
On the other hand, a change which is unable to bring any difference in chemical composition of a substance is known as a physical change.
For example, change in shape, size, mass, volume etc are all physical properties.
A compound is a combination of two or more different elements that are chemically combined together in a fixed ratio by mass.
So, properties of a compound is completely different from the elements from which it is made.
For example, NaCl is a compound whose properties will be different from sodium element and chlorine element.
Thus, we can conclude that the statement physical properties of a compound are similar to those of its elements, is false.