Acetate can be shown as C₂H₃O^2- or CH₃COO^-.

Acetate can indeed be represented as C₂H₃O₂⁻ or CH₃COO⁻. These are both valid chemical formulas for the acetate ion, which is a negatively charged ion. The formula C₂H₃O₂⁻ shows the molecular composition of acetate, with two carbon atoms, three hydrogen atoms, and two oxygen atoms. The formula CH₃COO⁻ represents the structural formula of acetate, showing the arrangement of atoms in the molecule. Both formulas are commonly used to represent acetate in chemical reactions and equations. Therefore, the statement is true.