Final answer:
A component may consist of many related classes stored and deployed in binary assemblies.
Step-by-step explanation:
A component may consist of many related classes stored and deployed in the many binary assemblies.
The statement is true. In software development, a component is a modular and reusable unit of code that is independent and self-contained. It can consist of several related classes that are stored and deployed in binary assemblies. Each class within the component serves a specific purpose and can be used by other parts of the software.
For example, in a web application, you may have a component for handling user authentication. This component can include classes for user registration, login, and password reset. These classes are stored together in a binary assembly and can be used by other parts of the application that require authentication functionality.