Correct. If it is real wood, then manufacturers often refer to the tree it is sourced from. For instance, everyone knows that Holden used to use blackbean in its top of the line Caprice. Open a BMW brochure and you can choose from myrtle, walnut, etc. Is fake wood literally wood? Look, I am not sure. I suppose it's like asking if a tree falls in the forest does it make a sound? No-one knows, because no-one can know. One can hypothesise, but never be able to collect empirical data to prove one way or the other.