Technically it is. Truth is the being that would pretty much be considered a god, in a way. When Father absorbed it, he held enough power to literally drain the life out of someone and even create a tiny sun out of nothing. As far as his powers go, they were limitless. Father's only weakness was his mortal body. So pretty much, Truth would be omnipotent, omniscient, omnilingual, and (possibly) omnipresent.