Final answer:
Gray matter refers to a bundle of unmyelinated nerve fibers and cell bodies in the central nervous system (CNS), making the statement in the question true.
Step-by-step explanation:
The statement in the question is true. Gray matter refers to a bundle of unmyelinated nerve fibers and cell bodies in the central nervous system (CNS). It is composed of interneurons and plays a role in connecting two neurons located in different parts of the body. Gray matter is characterized by its pinkish or tan color, although it is referred to as 'gray' in contrast to white matter, which consists mainly of myelinated axons.