Final answer:
The statement is false. Code interpretation involves several steps such as reading, compiling, and executing, but compilation is not done line by line.
Step-by-step explanation:
The statement is false. The code interpretation process involves several steps: reading, compiling, and executing. However, compilation is not done line by line but rather the entire code is compiled before execution.
During the reading phase, the code is scanned to identify syntax errors or potential issues and create a parse tree. In the compilation phase, the code is converted to machine language or bytecode. Finally, in the execution phase, the compiled code is executed by the computer.
An example of code interpretation is JavaScript, which is an interpreted language where the code is executed line by line.