Final answer:
The statement regarding the dependence of conversion code selection on the type of value in a format string is true. Conversion codes like '%d', '%s', and '%f' are used for integers, strings, and floating-point numbers, respectively.
Step-by-step explanation:
The statement that the selection of a conversion code in a format string depends on the type of value it will represent is true. When formatting strings, especially in programming languages such as Python, C, or Java, specific conversion codes are used to indicate how a value should be formatted or converted into a string representation. For example, '%d' is used for integers, '%s' for strings, and '%f' for floating-point numbers. It's important to select the correct conversion code to prevent errors and ensure the value is represented as intended in the output.