Answer:
True
Step-by-step explanation:
Adenosine triphosphate also known as ATP is a biological complex molecule that function as an energy carrier for storing and transferring energy. Therefore, it is also known as molecular unit of currency.
Energy released from catabolism stores in ATP in the form of phosphate bond.
Energy released when a phosphate bond is broken. ATP releases energy and convert to ADP and AMP. So, it also acts as an intermediary to store chemical energy for cellular work.
Therefore, the given statement is true.