Final answer:
Yes, multiple VALUE statements can be included in a single PROC FORMAT step in SAS.
Step-by-step explanation:
In the given PROC FORMAT step in SAS, multiple VALUE statements can be included in a single step.
The VALUE statement in SAS is used to define the format of a variable, where you can specify different value ranges and the corresponding formatted values. By using multiple VALUE statements, you can define different formats for different ranges of values.