Final answer:
FAT file system stores time in UTC to ensure consistency in file time stamps across different regions and time zones, as UTC serves as the standard time system worldwide.
Step-by-step explanation:
The statement FAT stores time in UTC is True. File Allocation Table (FAT) is a file system that does indeed record the time a file is accessed or modified in Coordinated Universal Time (UTC). UTC serves as a standard time system that is not affected by time zones or daylight saving changes, making it an ideal reference for a file system that may be used across different regions and time zones. Universal Time (UT), UTC, Greenwich Mean Time (GMT), or Zulu Time (Z) all refer to the same time, which is the local time at 0 degrees longitude or the prime meridian, located in Greenwich, England. By storing file times in UTC, systems using the FAT file system can avoid confusion related to local time differences.