Yup that's generally true, however there is an exception...
To cut down noise introduction on more "difficult" lines, its often advised to not run the bell wire in the domestic wiring - since this is unbalanced. Just run a pair for pins 2 and 5 on all secondary sockets. This does however mean that some phones won't ring, and one of the solutions is to use a plug in filter for these, since that will regenerate the ring line locally.
(the better alternatives are to use PABX master sockets for all the extensions (has the ring cap like a master, but not the surge arrestor and test resister), or simply fit a bipolar 10uF electrolytic cap between pins 2 and 3 on the back of a normal extension socket)