Hello n,
The answer to your question is YES.
I expect your next question will be:
"How do I do this?"
The answer to this further question is explained in application note AN2854.
If there are any parts of the application note that you do not understand, please start a new post on this forum, including the Freescale part number in the Subject line. Since you have posted on the Coldfire forum, I guess that you are considering MCF5235.
If this is a Master's project, which college do you go to?
Mark