Final answer:
The statement is true. 'Lord' usually translates adonai, 'LORD' translates Yahweh (Jehovah), and 'God' translates elohim.
Step-by-step explanation:
The statement is true. In the Hebrew Bible, the word 'Lord' usually translates the sacred covenant name of God, which is Yahweh or Jehovah. 'LORD' is used to differentiate this name and is the English equivalent of the divine name Yahweh. On the other hand, 'God' typically translates the Hebrew word 'elohim' which means 'mighty one'. So, 'Lord' translates adonai, 'LORD' translates Yahweh (Jehovah), and 'God' translates elohim.