Actually, it is inaccurate; in fact, as what the term remake actually means, its almost an outright lie.
A remake is a production of a film, television series, video game, or similar form of entertainment that is based upon an earlier production. A remake tells the same story as the original but uses a different cast of actors and may alter the theme or target audience.
This is not what the FF7 Remake is. The game makes fundamental plot changes, which creates an entirely new story because of those plot changes. At best, this could be called a reboot; but it's more accurately called a sequel.