Final answer:
The statement is true; on-chip memory offers faster access than off-chip memory due to its proximity to the CPU which reduces data travel time.
Step-by-step explanation:
The statement that access to the on-chip memory is faster compared to off-chip memory is True. On-chip memory, also known as integrated on-board memory, is physically located within the CPU or on the processor chip itself. This proximity allows for much quicker access to data than off-chip memory, which is typically found on separate RAM modules or sticks outside the CPU. The speed difference occurs because data does not need to travel through the motherboard's bus system, which adds additional communication time.
In computing, there are various levels of memory, each with its speed and proximity to the CPU. Cache memory, an example of on-chip memory, typically consists of L1, L2, or L3 caches, with L1 being the fastest and closest to the CPU cores. By contrast, off-chip memory or system RAM is slower because it operates over a data bus with higher latency, meaning it takes longer for the CPU to fetch or store data.