Final answer:
The statement is false. Traffic accidents do not need to be reported to the FAA as motor vehicle actions under FAR 61.15.
Step-by-step explanation:
The statement in the question is False. All traffic accidents are not required to be reported to the FAA as motor vehicle actions under FAR 61.15. The Federal Aviation Administration (FAA) is responsible for regulating civil aviation, whereas motor vehicle accidents fall under the jurisdiction of local law enforcement agencies and the Department of Transportation.