Final answer:
The prefix for the value of 1,000,000,000 is 'giga-' and the statement is true.
Step-by-step explanation:
The prefix used to stand for a value of 1,000,000,000 is 'giga-'. Therefore, the statement is True. When referring to numerical values, especially in scientific notation, it is essential to use the correct prefix to communicate the actual value associated with a measurement. For instance, 1 gigabyte (GB) is equal to 1,000,000,000 bytes of computer memory. Using the correct multiplicative prefixes helps in understanding and conveying the magnitude of different values accurately.