Final answer:
The statement ``a file saved in a standard file format can only be opened by the application that created it`` is False.
Step-by-step explanation:
Standard file formats are designed to be interoperable across different software applications. For example, common file formats such as .txt, . jpg, .pdf, and .doc are recognized by multiple applications, which can open, edit, and save them.
An essential point to understand is the concept of software compatibility. Many software programs are upwardly compatible, meaning newer versions of the software can typically open files created by older versions of the same software. However, the reverse may not be true; older versions often cannot open files saved in the newer formats.