Answer
true
Work Step by Step
RECALL:
The point-slope form of a line's equation is given as:
$y-y_1=m(x-x_1)$ where $m$=slope and $(x_1, y_1)$ is a point on the line.
Note that the definition above shows that knowing just the line's slope and one point on the line is enough to write an equation of the line in point-slope form.
Thus, the given statement is true.