Final answer:
The statement is true; pressing F2 typically starts edit mode in applications like Microsoft Excel, allowing for quick cell editing.
Step-by-step explanation:
The statement 'Edit mode starts when you press F2' is true. In many software applications, especially spreadsheet programs like Microsoft Excel, pressing the F2 key allows you to start editing the content of a cell directly. This shortcut is handy for quickly making changes without needing to double-click the cell or use the formula bar.