Final answer:
Asset files do have a stored history that allows reversion to previous versions without backing up the changes.
Step-by-step explanation:
The statement is True. Asset files, such as documents or multimedia files, often have a version history feature that allows users to revert changes to previous versions without the need for manual backups. This feature is especially useful in collaborative environments where multiple users may be working on the same file. By accessing the version history, users can view the different versions of the file and choose to revert to a specific previous version if needed.