Answer
The statement is correct.
Work Step by Step
The matrices $A$ and $B$ are square matrices of order $n$ such that $AB$ is singular.
Therefore, $|AB|=0$
We can write $|AB|=|A||B|$ . Thus
$|A||B|=0$
This relation implies that either $|A|=0$ or $|B|=0$ (meaning that either $A$ is a singular matrix or $B$ is a singular matrix).