Yes. Word even localizes the keyboard shortcuts (e.g. in Swedish office, you bold text with command-F for "Fetstil")

yep. word. and ctrl+n sets bold. it's all aligned.

and that drives me crazy when i use somebody else's computer in portuguese... the worst offender is that ctrl+A does not select all... don't even remember what it does... but you need ctrl+t to select all. it's a train wreck. and there's no way to quickly change the shortcuts to another language when you sit down at the computer... have to change the computer language.