Final answer:
The statement is true; changing the display format of a cell doesn't change its actual stored value, only the way it's presented.
Step-by-step explanation:
The statement is True. When you change the format of how a cell is displayed, it does not affect the actual value stored by the computer. This action simply alters the appearance of the data to the user, not the data itself. For example, if you have a number like 2.145 and you format the cell to show only 2 decimal places, it will display 2.15. However, the value in the cell for calculation purposes would still be 2.145. This distinction is crucial in scenarios such as financial calculations, where the raw data needs to remain precise even if the displayed format is rounded or presented in a certain way for readability.