Is it true that the First Referee shall signal at the completion of each charged time-out how many time-outs each team has used?

The statement is true because the First Referee plays a crucial role in managing the flow of the game and ensuring that both teams are aware of the time-outs they have utilized. At the completion of each charged time-out, the First Referee signals the number of time-outs used by each team to maintain transparency and provide clarity to the players, coaches, and spectators. This communication helps prevent confusion regarding the remaining time-outs, allowing teams to make informed strategic decisions during the match. Additionally, it adheres to the rules governing match officiating, which emphasize accurate record-keeping of game events.