Variables are used to temporarily store data during execution of application.

The correct answer is TRUE.

A variable is a named location in memory that can store a value. Variables are used to store data that is needed during the execution of a program. The value stored in a variable can be changed as the program runs.

For example, the following code declares a variable named x and assigns it the value 10:

int x = 10;

The variable x can then be used in the program. For example, the following code prints the value of x:

System.out.println(x);

The output of this code is 10.

Variables are an important part of programming. They allow you to store data that is needed during the execution of a program. This data can be changed as the program runs, which allows you to write programs that are more flexible and powerful.