Yes, that is correct. At the equivalence point of a strong acid-strong base titration, all the acid and base have reacted completely to form water and a salt. The solution is neutral as the pH is 7. This is because the strong acid and strong base react completely in a 1:1 ratio to form the salt and water. The salt formed depends on the specific acid and base used in the reaction. For example, if hydrochloric acid (HCl) and sodium hydroxide (NaOH) are used, the salt formed would be sodium chloride (NaCl).