It's All True is an unfinished Orson Welles feature film comprising three stories about Latin America. "My Friend Bonito" was supervised by Welles and directed by Norman Foster in Mexico in 1941. "Carnaval" and "Jangadeiros" were directed by Welles in Brazil in 1942. It was to have been Welles's third film for RKO Radio Pictures, after Citizen Kane (1941) and The Magnificent Ambersons (1942). The project was a co-production of RKO and the Office of the Coordinator of Inter-American Affairs that was later terminated by RKO.

George Orson Welles was an American director, actor, writer, producer, and magician who is remembered for his innovative work in film, radio, and theatre. He is considered to be among the greatest and most influential filmmakers of all time.