The answer is correct .
See this link --> https://www.cathrinewilhelmsen.net/table-partitioning-in-sql-server/
From this link below excerpt :-
Partition functions are created as either range left or range right, it is not possible to combine both in the same partition function. In a range left partition function, all boundary values are upper boundaries, they are the last values in the partitions. If you partition by year, you use December 31st. If you partition by month, you use January 31st, February 28th / 29th, March 31st, April 30th and so on. In a range right partition function, all boundary values are lower boundaries, they are the first values in the partitions. If you partition by year, you use January 1st. If you partition by month, you use January 1st, February 1st, March 1st, April 1st and so on: