Final answer:
The sequence TATAA is recognized by a transcription factor called TFIID and is necessary for activating transcription.
Step-by-step explanation:
True. The sequence TATAA is recognized by a transcription factor called TFIID, which contains a TATA-binding protein. The TATA box is a consensus sequence found in the core promoter region, about 25-35 bases upstream of the transcriptional start site. The binding of TFIID to the TATA box recruits other transcription factors and allows for the activation of transcription initiation complex.