Final answer:
ASME Section VIII Div 3 relates to high-pressure vessels and includes specifications to ensure the safety and reliability of these pressure systems.
Step-by-step explanation:
The statement that ASME Section VIII Div 3 is related to pressure equipment is True. The American Society of Mechanical Engineers (ASME) has a set of codes and standards for the design, fabrication, inspection, and testing of pressure vessels and related equipment.
Section VIII Division 3 specifically addresses the requirements for high-pressure vessels that operate at pressures above 10,000 psi (70 MPa). It includes detailed criteria for materials, design, nondestructive examinations, testing, and overpressure protection to ensure safety and reliability of these high-pressure systems.