Final answer:
The statement is true; each volume with an NTFS file system has its own Master File Table (MFT) which stores metadata about all files and directories.
Step-by-step explanation:
The statement that an MFT (Master File Table) is constructed for each volume configured with an NTFS file system is True. The MFT is a critical part of the NTFS file system used in Windows operating systems. It is essentially a database in which information about every file and directory on an NTFS partition is stored. This includes metadata such as file size, time stamps, permissions, and data content locations. So, whenever a new volume is created and formatted with NTFS, a new MFT is also created specifically for that volume.