Answer: True
Step-by-step explanation:
The statement that "A double replacement reaction is a chemical reaction between two ionic compounds in which ions are interchanged to form two new compounds" is true.
We should also note that a double replacement reaction can also be referred to as a metathesis reaction. In such cases, the ions of the compounds involved will be exchanged in order for a new compound to be formed. An example of a metathesis reaction is:
FeSO4 + CuCl2 = FeCl2 + CuSO4